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Maruti Suzuki Cracks Global Top 10 by Market Value After GST-Fueled Surge

A GST cut on sub-4-metre cars triggered a demand spike that drew fresh investor interest.

Overview

  • Maruti Suzuki’s market capitalization is reported between roughly USD 56.7 billion and USD 57.6 billion, placing it inside the global top 10 by value.
  • Media tallies show the company valued above Volkswagen and Ford, with some reports also placing it ahead of General Motors.
  • The company said it logged about 80,000 inquiries and over 25,000 deliveries on the first day the new GST rates took effect on September 22.
  • Shares outperformed the Nifty Auto index, rising about 25% from August 14 to September 25, and notched a 52-week high on September 26.
  • Analysts credit the GST reset for near-term momentum but caution that sustaining the valuation will hinge on execution in EVs, hybrids and broader product strategy.