Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Maruti Suzuki India Ltd    MARUTI   INE585B01010


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Next Gen Ertiga: India's best-selling MPV crosses 5.5 lakh sales

11/18/2020 | 11:38am EST

Next Gen Ertiga: India's best-selling MPV crosses 5.5 lakh sales.

New Delhi : Designed to captivate the urban and stylish India, Maruti Suzuki's Next-Gen Ertiga is a blend of style, comfort and host of technologies that has won the hearts of customers to become country's No.1 selling MPV. It has maintained the market leadership over the last 2 years with over 5.5 Lakh customers.

Ertiga is a proof of Maruti Suzuki's evolutionary design sensibilities and technology capabilities. It finds its customers in people, who are aspiring, driven by brand value, seek comfort and love togetherness. It strongly connects with family as well as business needs.

Speaking on the success, Mr. Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India Limited, said, 'Over the years, brand Ertiga has redefined the notion of utilitarian MPVs with its sharp style, space, comfort, safety and host of technology features. As India's first compact MPV, Ertiga continues to build a legacy of innovation. The remarkable milestone of 5.5 Lakh sales is a testimony of its success. While making a purchase decision, customers often cross-consider MPVs with UVs. Despite being cross-considered with top selling UVs in the country, Ertiga has dominated the market and increased its market share in the segment.'

Launched in April 2012, Ertiga has created an all-new multi-utility segment. Powered by the powerful 1.5L K-series engine, Smart Hybrid and AT technology, it ensures a pleasurable drive experience. Further adding to its winning proposition, Maruti Suzuki Ertiga is the only MPV that comes with factory-fitted S-CNG technology.

Ertiga's sharp exteriors are enhanced by chrome studded front grille, projector headlamps and 3D tail lamps. The sculpted dashboard with maple wood finish and chrome accents exhibits luxury. The elaborate space provided is a favourite amongst customers owing to its 3rd row-recliners, flexible and supremely comfortable seating and a large luggage compartment. The steering mounted audio and calling controls, air cooled cup holders, auto climate control and charging socket for each row add convenience to its style. Equipped with features such as dual airbags, hill hold (AT only), ISOFIX, electronic stability program (AT only) and ABS with EBD, safety is at its best in the Next-Gen Ertiga.

Issued by:

Corporate Communications,

Maruti Suzuki India Limited,

1, Nelson Mandela Road,

Vasant Kunj, New Delhi

Ph: 91-11- 4678 1000

Email: corp.comm@maruti.co.in

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MARUTI SUZUKI INDIA LTD -0.35% 8048.85 Delayed Quote.5.58%
SUZUKI MOTOR CORPORATION -1.26% 5098 End-of-day quote.6.61%
01/20MARUTI SUZUKI INDIA : Begins Exports of Compact Off-Roader Car Jimny from India
01/20MARUTI SUZUKI INDIA : Suzuki Starts Production and Exports of Jimny in India; Ji..
01/20Indian shares end higher on IT, Reliance boost
01/20MARUTI SUZUKI INDIA : commences production and export of Jimny from India
01/19Indian shares end over 1% higher; markets eye Yellen speech
01/19Indian shares end over 1% higher; markets eye Yellen speech
01/19Indian shares rise over 1% on boost from Reliance, HDFC
01/18MARUTI SUZUKI INDIA : Increases Car Prices
01/18MAHINDRA AND MAHINDRA : Maruti Suzuki India to hike prices due to higher costs
01/18Indian companies consider buying vaccines for employees
More news
Sales 2021 675 B 9 256 M 9 256 M
Net income 2021 45 338 M 621 M 621 M
Net cash 2021 341 B 4 669 M 4 669 M
P/E ratio 2021 52,3x
Yield 2021 0,63%
Capitalization 2 431 B 33 314 M 33 317 M
EV / Sales 2021 3,10x
EV / Sales 2022 2,41x
Nbr of Employees 15 945
Free-Float 43,6%
Duration : Period :
Maruti Suzuki India Ltd Technical Analysis Chart | MARUTI | INE585B01010 | MarketScreener
Technical analysis trends MARUTI SUZUKI INDIA LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus -
Number of Analysts
Average target price
Last Close Price 8 048,85 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers and Directors
Kenichi Ayukawa Chief Executive Officer, Executive Director & MD
Ravindra Chandra Bhargava Non-Executive Chairman
Ajay Seth CFO & Senior Executive Officer-Finance
Rajesh Uppal Senior Executive Officer-Human Resources & IT
Davinder Singh Brar Independent Non-Executive Director
Sector and Competitors