A Project Report on

Maruti Suzuki
Submitted By:Arinda Mandal(11202134)
Suranjan Mazumdar(11202164)
Asit Pattnayak(11202186)
Abhilash Mishra(11202196)
Group-9

Introduction
Maruti Udyog Limited founded in 1981 is a publicly listed automaker in
India. It is the largest automobile manufacturer in South Asia. Suzuki
Motor Corporation of Japan holds a majority stake in the company. On
17 September 2007, Maruti Udyog Limited was renamed Maruti Suzuki
India Limited. Maruti Suzuki offers 14 models, ranging from India's
one-time best selling car, Maruti 800,to the premium sedan Maruti
Suzuki Kizashi and luxury SUV, Maruti Suzuki Grand Vitara. Maruti
800 was the first model launched by the company in 1983 followed by
mini-vanMaruti Omni in 1984. Both models were huge success in their
respective categories because of the use of high-end technology and
good fuel efficiency.Maruti Gypsy, launched in 1985, came into
widespread
use
with
the Indian
Army and Indian
Police
Service becoming its primary customers. The short-livedMaruti 1000 too
achieved moderate success until it was replaced by Maruti Esteem in
1994, to counter increasing competition in the medium-sedan category.
Maruti Zen, launched in 1993, was the company's second compact car
model and also became extremely popular in India because of its high
performance. The company went on to launch another compact
car Maruti Wagon-R followed by Maruti Baleno in 1999. However, with
increasing competition from Tata,Hyundai, Honda and Daewoo Motors,
Maruti was not able to achieve the same success with Baleno as it had
with its earlier models. So it replaced Maruti Suzuki Baleno with the
Suzuki SX4. Currently Suzuki SX4 is facing stiff competition from

the Honda City. It was the first company in India to mass-produce and
sell more than a million cars. It is largely credited for having brought in
an automobile revolution to India. It is the market leader in India. The
company's headquarters are located in New Delhi.
Maruti Suzuki is India and Nepal's number one leading automobile
manufacturer and the market leader in the car segment, both in terms of
volume of vehicles sold and revenue earned.
Hamamatsu, Shizuoka
Prefecture, by Mr. Michio Suzuki.
Suzuki Loom Manufacturing Co. with Michio Suzuki as president.

Manufacturing facilities
Maruti Suzuki has two state-of-the-art manufacturing facilities in India.
Both manufacturing facilities have a combined production capacity of
1,000,000 vehicles annually.
Gurgaon Manufacturing Facility
The Manufacturing Facility has three fully integrated manufacturing
plants and is spread over 300 acres. The entire facility is equipped with
more than 150 robots.
Manesar Manufacturing Facility
The Manufacturing Plant was inaugurated in February 2007 and is
spread over 600 acres

Sales and service network

Service is a major revenue generator of the company. Most of the
service stations are managed on franchise basis, where Maruti Suzuki
trains the local staff. The Express Service stations help many stranded
vehicles on the highways by sending across their repair man to the
vehicle.

Methodology
Measure of central tendency such as mean and standard deviation has
been used as a tool to evaluate the performance of the company.It also
includes correlation and trend analysis.

Objectives
To evaluate the number of cars manufactured by the company and also
the number of exports. Their is also details regarding the price of the
shares of the company during the past years.

Limitations
The study is limited to maruti suzuki only.
The study is limited to 9 years that is from 2001 to 2009.
The study is limited to secondary data only.

Terms Used
Mean - The mean is the mathematical average of a set of
numbers.

 Median - Median is the middle value of the given numbers or

distribution in their ascending order.Median is the average value of
the two middle elements when the size of the distribution is even.
Standard Deviation - A measure of the dispersion of a set of data
from its mean. The more spread apart the data, the higher the
deviation.
Cofficient of
Correlation - A statistical measure of the
interdependence of two or more random variables . Fundamentally,
the values indicates how much of a change in one variable is
explained by a change in another.
Trend Analysis - An aspect of technical analysis that tries to
predict the future movement of a stock based on past data. Trend
analysis is based on the idea that what has happened in the past
gives traders an idea of what will happen in the future.

Formulas
Mean Formula

Coefficient of correlation

Standard Deviation

Median
(n/2)th item or (n+1/2)th item

Findings
Closing Price

1800
1600
1400
1200
1000
800
600
400
200
0

Closing Price

1-Feb-11

1-Jul-10

1-Dec-09

1-May-09

1-Oct-08

1-Mar-08

1-Aug-07

1-Jan-07

1-Jun-06

1-Nov-05

1-Apr-05

1-Sep-04

1-Feb-04

1-Jul-03

Linear (Closing
Price)

Analysis- It can be analysed from the diagram that the closing price of
the shares of the company during the past couple of years is increasing
gradually.

Data regarding domestic volume & exports

YEAR
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09

DOMESTIC(in
units)
340182
330175
420947
487402
527038
635629
711818
722144

EXPORT Y(in units)

12233
32240
51175
24899
34784
39295
53024
70023

TOTAL X(in units)

325415
362415
472122
536301
561822
674924
764842
792167

Mean = 564626
Median=549061.20
Standard Deviation (total unit)= 168741.96
Correlation Coefficient (dom,ex)= 0.725

Domestic volume and exports

800000
700000
600000

DOMESTIC(in units)

500000
400000
300000
200000
100000
0

EXPORT Y(in units)

Linear (DOMESTIC(in
units))
Linear (EXPORT Y(in
units))

SHARE PRICES OF MARUTI SUZUKI AT THE END OF THE

EACH MONTH FROM 2003 TO 2011

Date
31-Mar-11
28-Feb-11
31-Jan-11
31-Dec-10
30-Nov-10
29-Oct-10
30-Sep-10
31-Aug-10
30-Jul-10
30-Jun-10
31-May-10
30-Apr-10
31-Mar-10
26-Feb-10
29-Jan-10
31-Dec-09
30-Nov-09
30-Oct-09
30-Sep-09
31-Aug-09
31-Jul-09
30-Jun-09
29-May-09
29-Apr-09
31-Mar-09
27-Feb-09
30-Jan-09
31-Dec-08
28-Nov-08
31-Oct-08
30-Sep-08
29-Aug-08
31-Jul-08
30-Jun-08

High Price
1286
1228
1264.45
1430.5
1428.75
1559
1497.25
1264.45
1212.9
1433.95
1240
1300
1423.5
1490
1399
1575.15
1692.3
1445.9
1737.3
1459
1448.65
1078.1
1037.45
819.9
788.85
690
578.9
527
548.9
584
701
661.3
598.8
654.8

Low
Price
1251
1158.5
1150.3
1415
1376.45
1516.05
1390.35
1228
1192.55
1370
1224.65
1275.1
1349
1375
1332
1541.5
1548
1376.6
1629
1393.3
1402
1050
983
784.3
751.5
659.05
531
506.35
521
546.7
636.3
635
570
610

Closing Price
1262.15
1208.2
1252.85
1421.6
1422
1551.6
1440.9
1257.5
1198.6
1423.75
1236.85
1279.7
1417.95
1459.95
1389.45
1560.1
1557.35
1403.3
1701.4
1437.75
1414.45
1068.95
1027.1
814
779.85
677.3
568.3
520.2
533.55
563.2
690.2
649.6
575.65
616.55

Tot.Traded qty
851042
376909
1056178
153415
215559
236775
457480
478908
553516
735102
233634
441044
320921
1711733
468949
664244
338523
1057456
798362
751627
577930
670630
1690981
1808304
1993954
2104027
1711638
1712863
872073
887142
739026
1078145
1262228
420913

30-May-08
30-Apr-08
31-Mar-08
29-Feb-08
31-Jan-08
31-Dec-07
30-Nov-07
31-Oct-07
28-Sep-07
31-Aug-07
31-Jul-07
29-Jun-07
31-May-07
30-Apr-07
30-Mar-07
28-Feb-07
31-Jan-07
29-Dec-06
30-Nov-06
31-Oct-06
29-Sep-06
31-Aug-06
31-Jul-06
30-Jun-06
31-May-06
29-Apr-06
31-Mar-06
28-Feb-06
31-Jan-06
30-Dec-05
30-Nov-05
31-Oct-05
30-Sep-05
31-Aug-05
29-Jul-05
30-Jun-05
31-May-05
29-Apr-05
31-Mar-05
31-Dec-04
30-Nov-04

782.5
749
840
875
864.8
1009.9
1024.95
1128.9
1028
872.9
854.95
758
820
808.75
830
875
941.5
934.8
937
973.5
987.8
867
793.5
802
755.25
940
882
834.25
769
639
628.5
556.4
566.85
475
489
471.7
467.5
418
431.2
465.95
424.5

757
730
811
825
825
985.1
996.4
1045
971.25
825
820
740.1
805
783
790
825.5
920
925
920
952.7
944
852.05
770.5
746.25
706.65
920
856
792
747.5
628.4
610.05
515.45
525.55
467
436.95
459.25
462.2
403.5
417
459
413.3

763.05
742.1
827
868.2
850.2
994.5
1014.15
1073.85
998.75
867.7
844.55
744.15
817.1
806.1
820.2
841.7
924.9
929.2
926.15
968
981.3
861.35
787.85
796.7
735
927.6
874.3
822.6
758.55
635.8
613.4
549.2
559.8
470.15
482.7
464.65
465.45
406.4
421.3
461.9
420.1

335525
927579
685949
1698908
702863
471363
397029
1649288
1945086
1241719
675190
921224
585384
422751
893379
1075465
609536
322399
589456
709200
1410011
923910
726013
1636581
1168220
587034
1742853
5456007
908619
714980
2082839
982502
919597
292373
1237420
1184860
1053371
1596954
1556182
1343647
4857178

29-Oct-04
30-Sep-04
31-Aug-04
30-Jul-04
30-Jun-04
31-May-04
29-Apr-04
31-Mar-04
27-Feb-04
30-Jan-04
31-Dec-03
28-Nov-03
31-Oct-03
30-Sep-03
29-Aug-03
31-Jul-03

378.85
363.35
384.9
428.8
408.35
399
580
499.4
588
444.7
379
352
324.2
233.35
238.5
183.65

366
353.15
375.2
418.5
395.55
380
555
476.6
490.35
400.1
368.3
342.15
306.5
228
231.5
179.65

375.75
354.25
381.75
424.5
403.2
386.6
573
497.45
500.05
431.75
375.2
344.6
322.3
232.55
235.4
180.85

Trend Analysis
Trend analysis is an aspect of technical analysis that tries to predict the
future movement of a stock based on past data. Trend analysis is based
on the idea that what has happened in the past gives traders an idea of
what will happen in the future.

Closing Price
1800
1600
1400
1200
1000
800
600
400
200
0

Closing Price

1-Nov-10

1-Mar-10

1-Jul-09

1-Nov-08

1-Mar-08

1-Jul-07

1-Nov-06

1-Mar-06

1-Jul-05

1-Nov-04

1-Mar-04

1-Jul-03

Linear (Closing Price)

6421212
8091032
5090590
3064558
9768597
7313757
4877658
5163520
8059826
8149375
2088465
3606119
9924397
3594810
3212067
3562717

Analysis
It can be interpreted that the production of maruti cars have
considerably increased from 2001 to 2009 which signifies that the
demand for car is quite high. The company has exported the maximum
number of units in 2009.

Conclusion
So it can be concluded that the company is still in a good and developing
position.Though it has competitors such as tata,Hyundai.honda its still
trying to keep its position in the market.The faith & loyalty of the
customers might have contributed to the overall success of the company.