By Debdeep Gupta | 09 Jul, 2024
Maruti Suzuki top Nifty gainer as UP exempts registration fee on hybrid vehicles
Maruti Suzuki India's shares surged nearly 5 percent to Rs 12,615 per share on July 9, emerging as the top Nifty gainer following the Uttar Pradesh (UP) government's announcement of a complete waiver of registration tax on strong hybrid electric cars (HEVs) and plug-in hybrid electric vehicles (PHEVs) with immediate effect.This move benefits Maruti Suzuki's Grand Vitara SUV and Invicto MPV, both f...