Maruti Suzuki India Ltd. shares touched a new 52-week high on Thursday, climbing to ₹15,349.85, underscoring renewed investor interest in the country’s largest carmaker. Despite the milestone, the stock lagged behind the broader automobile index, which advanced 4.19%, leaving Maruti trailing by 3.63%.
The company’s stock has seen modest momentum in recent sessions, edging up 1.01% over the last two trading days. Thursday’s session opened with a gap-up, adding 2.87% in early trade. However, the counter displayed considerable price swings, recording intraday volatility of 328.73%, reflecting heightened investor activity.
From a technical perspective, Maruti Suzuki is currently trading comfortably above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This suggests resilience in the near term and positions the stock favorably compared to its longer-term trends.
The broader market, however, painted a mixed picture. The benchmark Sensex, which had earlier jumped nearly 889 points, slipped into the red by 387.87 points, settling at 81,068.80. While the index is trending below its 50-day moving average, the 50-DMA continues to hold above the 200-DMA, pointing to a neutral to cautious outlook.
Over a 12-month horizon, Maruti Suzuki has delivered a return of 21.01%, substantially outperforming the Sensex, which has declined 1.46% in the same period.
The stock’s fresh high comes at a time when the broader automobile space is witnessing renewed momentum, although sector-wide gains have outpaced Maruti’s latest performance.
