India's largest automaker, Maruti Suzuki, surged 5% in early trade on Tuesday and more than 3% on Wednesday morning reaching 13,215 Rs per share .
The sole reason for this is Uttar Pradesh government's decision to waive registration fees on hybrid cars.
UP is the second biggest sub national market for cars and this move will help the carmaker and other makers in the category immediately.
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4 авг 2024
