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Maruti Suzuki To Increase Prices In September; Stock Zooms Over 2%

As of 1:30 pm, Maruti Suzuki shares were trading college by 2.3 per cent at Rs 6758.90 on the BSE

Maruti Suzuki will access the prices of all its models in September. "The amount acceleration has been planned beyond models in September 2021," the auto aggregation said in a authoritative filing to the banal exchanges, afterwards allegorical the breakthrough of amount hike. The amount hike, which is acceptable to booty abode advanced of the blithe division that bliss off with Ganesh Chaturthi on September 10, will be the company's third amount access in FY21-22 afterwards the hikes in April and July.

"We ambition to acquaint you that over the accomplished year, the amount of the company's cartage continues to be abnormally impacted due to an access in assorted ascribe costs. Hence, it has become acute to canyon on some appulse of the added amount to the barter through a amount rise," Maruti Suzuki added.

Tata Motors, Honda Cars and Mahindra & Mahindra accept aloft their prices in the July-August period.

As of 1:30 pm, Maruti Suzuki shares were trading college by 2.3 per cent at Rs 6758.90 on the BSE as adjoin a one per cent acceleration in the criterion indices.

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