Maruti Suzuki share price surges nearly 8% on GST buzz

Maruti Suzuki’s share price was in top gear today, jumping around 7.8 per cent and hitting a 52-week high of Rs 13,966.85 as chatter of a GST rate cut on small cars hit the Street. For investors, it was a reminder that policy whispers can spark sharp moves, especially in a market leader like Maruti. What’s driving today’s rally? Reports suggest the government is weighing a cut in GST on small cars from 28 per cent to 18 per cent. That’s a game-changer for affordability. Auto stocks raced ahead on the news, with Maruti among the biggest gainers, clocking a new 52-week high of Rs 13,966.85. The move lifted sector sentiment, pushing the Nifty Auto index to a 10-month high. Where do Maruti Suzuki’s key numbers stand? Metric Value Market cap Rs 4.06 lakh crore