Maruti Suzuki Market Cap Surpasses Parent Suzuki as India Unit Powers Ahead

• Maruti Suzuki's market cap now over twice that of parent Suzuki Motor Corp, at $46.9B vs $22.1B • Maruti overtook Suzuki's market cap for first time in January 2015 • Maruti's revenue and profits grown faster than Suzuki's over last 5 years • Suzuki Motor holds 58.2% stake in Maruti as of December 2023 • Recent rally driven by expected benefits for Maruti from rise in CNG vehicles, new models, and proposed tax cuts for hybrids