Maruti Suzuki held on to its morning gains near the close on the BSE on Tuesday. At 3 pm Maruti Suzuki was trading up 7.52 per cent at ₹1,867.65 as against its previous close of ₹1,737.10.

State Bank of India was trading up 2.81 per cent at ₹1,699.90 as against its overnight close of ₹1,653.50.

Coal India gained 2.37 per cent to trade at ₹270.10 as against ₹263.85 at close on Friday.

FMCG stock ITC was also in the lead pack, trading at ₹355.15, up 2.35 per cent on its previous close of ₹347.

Reliance Industries was trading at ₹898, up 1.34 per cent on its previous close of ₹886.10.

PTI adds: Shares of Maruti Suzuki India today surged nearly 10 per cent after the company decided to seek minority shareholders’ approval for the controversial Gujarat plant, which its parent Suzuki Motor Corp had decided to takeover from it.

After a strong opening, shares of the carmaker further zoomed 9.37 per cent to ₹1,899.90 — its 52-week high on the BSE.

On the NSE, the stock jumped 9.81 per cent to touch a one-year peak of ₹1,909.

Under pressure from institutional investors, Maruti Suzuki India on Saturday decided to seek minority shareholders’ approval after tweaking some of the earlier proposals for the controversial Gujarat plant, which its parent Suzuki Motor Corp had decided to takeover.

comment COMMENT NOW