Suzuki to set up new manufacturing plant in India [Yahoo! Finance]
SUZUKI MOTOR CO UNSP/ADR (SZKMY)
NASDAQ:AMEX Investor Relations:
globalsuzuki.com/ir
Company Research
Source: Yahoo! Finance
The proposed plant in Sanand, Gujrat, will be built on a site covering around seven million square metres and is designed to have an annual production capacity of one million vehicles. The total outlay for land acquisition and associated costs is estimated at Rs49.6bn ($549.48m). Maruti Suzuki will purchase the land from the Government of Gujarat. The move follows a basic agreement reached with the State of Gujarat in January 2024 for the development of a second automobile manufacturing plant in the state. In its statement, Suzuki said: “The State of Gujarat offers a well-developed supply chain and infrastructure. In addition, its proximity to ports makes it an advantageous location not only as a production base for the Indian domestic market, but also as an export hub for complete vehicles. Furthermore, Sanand, where the new plant will be built, provides excellent access to highways and railway networks.” The investment is aimed at supporting expected growth in India's aut
Show less
Read more
Impact Snapshot
Event Time:
SZKMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SZKMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SZKMY alerts
High impacting SUZUKI MOTOR CO UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SZKMY
News
- Suzuki Motor (TSE:7269): Taking a Fresh Look at Valuation After the Recent Share Price Run-Up [Yahoo! Finance]Yahoo! Finance
- Assessing Suzuki (TSE:7269) Shares: Is the Recent Momentum Reflected in the Valuation? [Yahoo! Finance]Yahoo! Finance
- India's auto sales just had a blowout month, surging 40% on the back of strong domestic demand [CNBC]CNBC
- Suzuki Motor (OTCMKTS:SZKMY) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat