Maruti Suzuki India Limited reached a new 52-week high of ₹16,325 on Tuesday, with a gain of 1.62 percent, trading at ₹16,072. This surge in stock price comes as investors position themselves ahead of the anticipated GST 2.0 reforms, which are expected to significantly enhance automotive demand.
The largest automaker in the country reported nearly 30,000 car deliveries and received 80,000 enquiries on the first day of Navratri on Monday, indicating a strong demand for the upcoming festive season. On the NSE, the stock was one of 84 that achieved 52-week highs on Tuesday.
The impending GST 2.0, set to take effect in September 2025, will lower the tax rate for small cars, two-wheelers, and commercial vehicles from 28 percent to 18 percent. This policy shift is expected to reduce showroom prices, potentially stimulating demand among price-sensitive consumers in both urban and rural areas. The new tax structure simplifies the current 12-28 percent slabs to a 5-18 percent range, while luxury items will face a higher tax rate of 40 percent.
Analysts see the automotive value chain as the immediate beneficiary of these changes, predicting a notable increase in demand for auto financing. Consumer credit is forecasted to see a broad-based revival, making vehicles more affordable for entry-level buyers due to the revised tax structure.
On Tuesday morning, Maruti Suzuki traded 5.77 lakh shares valued at ₹934.09 crore, with a deliverable quantity of 42.94 percent. The company’s market capitalization is estimated at ₹5,05,244.94 crore, underscoring strong investor confidence in themes of consumption revival and anticipated rural demand recovery for 2026-27.
Published on September 23, 2025.