Maruti Suzuki cars to cost more from January 2013

In a significant development, the Maruti Suzuki company has declared to hike the price of cars by around 20,000 rupees from January 2013.

Those are planning to buy a car from this company need to pay more the cars from January 2013. But the news of hike in price have pushed the scrips of Maruti Suzuki to one year highest mark.

The share of the Maruti Suzuki company have zoomed around 3 per cent on Friday after the company declared price hike for its cars by next year.

On BSE the shares of Maruti Suzuki touched Rs. 1,533.75 by gained 3.54%  and on NSE its stocks were traded at Rs. 1,535.40 with  3.56% up.