 Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage Officials stand next to the Maruti Suzuki Alto 800 car in Ahmedabad October 16, 2012. Credit: Reuters/Amit Dave/Files MUMBAI | MUMBAI (Reuters) - Shares in Maruti Suzuki India Ltd (MRTI.NS) rose as much as 4.5 percent on Friday, on hopes a weaker yen currency would improve margins by reducing the costs of importing auto parts from Japan after the Bank of Japan unleashed unprecedented monetary expansion. The yen slid to a 3-1/2 year low against the dollar on Friday, after suffering its biggest one-day tumble since late 2008 on Thursday, on the back of the BOJ's radical campaign to attack deflation. Maruti Suzuki shares were up 4.3 percent as of 10:49 a.m. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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Thursday, 4 April 2013
Maruti surges; weaker yen seen boosting margins - Reuters India
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