Maruti Suzuki gains on collaborating with five startups under MAIL program | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Maruti Suzuki gains on collaborating with five startups under MAIL program

Maruti Suzuki gains on collaborating with five startups under MAIL program

Maruti Suzuki India is currently trading at Rs. 6715.50, up by 15.35 points or 0.23% from its previous closing of Rs. 6700.15 on the BSE.

The scrip opened at Rs. 6685.00 and has touched a high and low of Rs. 6755.90 and Rs. 6685.00 respectively. So far 10069 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 7929.00 on 19-Dec-2018 and a 52 week low of Rs. 5447.00 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 6755.90 and Rs. 6560.00 respectively. The current market cap of the company is Rs. 203079.36 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 36.61% and 7.18% respectively.

Maruti Suzuki India has selected five startups for Proof of Concept (PoC) under its Mobility & Automobile Innovation Lab (MAIL) program. This will help accelerate these concepts towards real-time applications. MAIL is an initiative by Maruti Suzuki to identify and bring together startups with innovative and cutting-edge solutions, to collaborate for open innovation in mobility and automobile space.

Through an extensive exercise involving call for applications, thorough screening and pitch sessions, five startups namely Enmovil, Docketrun, Eyedentify, Xane and SenseGiz, were selected for cohort 1. These 5 startups presented their solutions at the Demo Day organized in New Delhi.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

Please share this news