Maruti Suzuki Shares Rise After e-Vitara Electric SUV Launch
Shares of Maruti Suzuki India ended 0.87% higher on Tuesday following the launch of its first electric SUV, the e-Vitara. The stock gained Rs 130 to close at Rs 15,180 compared to the previous close of Rs 15,049, taking the company’s market capitalisation to Rs 4.77 lakh crore. While the stock has risen 19% over the past year and 17.49% in six months, it has declined 4.26% in the last month and slipped 9.18% so far in 2026.
The company introduced the e-Vitara at an ex-showroom starting price of Rs 10.99 lakh, excluding the battery cost. The battery-inclusive price is yet to be announced. To make ownership more affordable, the carmaker is offering a battery subscription plan at Rs 3.99 per kilometre. The electric SUV will be retailed through 700 Nexa outlets across India.
The e-Vitara is available with two battery pack options — a 49 kWh pack for the base variant and a 61 kWh pack for higher trims. The top-end variant offers an ARAI-certified driving range of 543 kilometres on a single charge, positioning the model as a competitive entrant in India’s growing electric vehicle segment.
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