Maruti Suzuki shines on resuming operations in Manesar today

Automobile manufacturer, Maruti Suzuki India Limited was shining on the stock exchanges today after it resumed operations at its Manesar plant (Haryana) on a single shift basis.

The company’s Manesar plant has resumed operations from Tuesday i.e. after 40 days of the nationwide lockdown. Currently, it has been allowed to operate with up to 75 per cent employees. Both Gurugram and Manesar plants were shutdown since March 22 due to the ongoing COVID-19 pandemic.

Adding to this, Ravindra Chandra Bhargava, Chairman of Maruti Suzuki said that the first car would roll out today as the operations have been resumed now. Besides, he also added that they would commence operations in full-swing, increase manpower or start functioning in two shifts only when the government would issue regulations for the same.  

Taking the present situation into consideration, the company’s management has asked the employees and workers only from the green and orange zones to work at Manesar plant for the time being.

Headquartered in New Delhi, the company is a 56.21 per cent owned subsidiary of Japanese car & motorcycle maker, Suzuki Motor Corporation.

At the time of market closing on Tuesday, the stock of Maruti Suzuki Ltd was trading at Rs 4,950.15, up by 0.37 per cent against its previous close of Rs 4,931.95. Its 52-week high is Rs 7,755.00 while, its 52-week low is Rs 4,002.00 on BSE.