Share this article via email Share this quote Share this post on LinkedIn Share this email on Facebook Share this tweet on Twitter Maruti shares are being sold on the black market at a premium.
The stock is trading at just under US$1.30.
Maruti has not commented on the premium price but has said it will hold another meeting on Tuesday, and it expects that to see the stock move to $1.50, according to The Wall Street Journal.
But, given the high premium, many investors are wary of buying the shares.
This is not the first time Maruti and its rival, Suzuki, have been targeted by the black-market.
Marutis shares were worth US$2.3 billion in 2016.
In 2017, the shares were valued at just US$700 million.
This was due to the government’s approval of the fuel subsidies for diesel vehicles.
In 2018, the government also allowed the sale of diesel-powered cars to the public.
At the time, many analysts said that it was not a good time to buy the shares given the government was preparing to impose fuel subsidies on the vehicles.
This time around, the market is very low, so it is difficult to make a purchase.
The latest news of the government subsidy on diesel vehicles comes after the Chinese government announced a $2 billion aid package to help small farmers in the country.
Marui and Suzuki have also been hit by an uptick in the black markets since the government approved the fuel subsidy.
A lot of these black markets are in rural areas.
It is very hard to buy these shares and get them in good condition, especially if the shares are in good shape.
This means that it is very difficult to profit from these shares, and many investors simply don’t want to invest in these shares at this price.
Share prices are a very volatile market.
The market has seen sharp swings in the past, which may explain why Maruti is not buying any of the shares at their current prices.
Maruis shares have been in a premium since the beginning of 2017, with the company dropping from US$4.80 to US$3.25 by the end of 2018.
This year, Maruti dropped from US $2.50 to US $1, and the shares have remained in a similar position to last year.
This suggests that this premium may be continuing, but there is a limit to how much Maruti can get away with.
Marudis shares are also going for a premium on the open market, with their share price now trading at US$9.50.
This price is only slightly above the average daily trading price of Maruti, which is currently US$8.70.
The share price of Suzuki is also currently trading at a slightly higher level, but its share price is currently hovering around US$5.25.
This would be the highest price for Maruti at the moment.
However, this premium can only last for a few weeks, so Maruti will need to make some investments to continue to make profits.