6.42 Lakh+ Maruti Suzuki UVs Bought In FY24 With 75% Progress

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

The arrival of fashions akin to Fronx, Grand Vitara and Jimny has helped in growing Maruti Suzuki UV gross sales additional in FY24
Within the fiscal 12 months 2023-24, the Indo-Japanese producer achieved UV gross sales of 6,42,296 items, solidifying its place because the chief within the section. Throughout the interval between April 2022 and March 2023, Maruti Suzuki recorded a complete of three,66,129 items with its UVs. Thus, as compared, a large YoY development of 75.42 per cent was posted.
The biggest carmaker within the nation’s persistence has certainly paid off because the arrival of latest fashions such because the Fronx, Grand Vitara and Jimny has helped in growing its gross sales volumes additional. The model registered its highest-ever complete gross sales of two,135,323 items final FY. The full gross sales included the highest-ever home gross sales of 17,93,644 items and the highest-ever export tally of two,83,067 items.
Moreover, Maruti Suzuki has reached a big milestone with cumulative manufacturing surpassing 3 crore items. This achievement contains manufacturing actions on the manufacturing services in Gurugram, Manesar in Haryana and Hansalpur in Gujarat.

Maruti Suzuki’s Indian operations have notably change into the quickest amongst all Suzuki manufacturing bases to realize this milestone, conducting it in simply 40 years and 4 months for the reason that begin of manufacturing in December 1983. Maruti Suzuki’s Haryana services have contributed over 2.68 crore autos to this milestone, whereas Suzuki Motor Gujarat, a completely owned subsidiary of MSIL, has uniquely manufactured greater than 32 lakh autos.
The M800, an iconic car that catalyzed a mobility revolution within the nation, stands out as a singular contributor to this milestone with over 29 lakh items produced. Moreover, a roster of profitable fashions together with the Alto 800, Alto K10, Swift, Wagon R, Dzire, Omni, Baleno, Eeco, Brezza, and Ertiga have collectively bolstered Maruti Suzuki’s achievement.

Maruti Suzuki began exporting vehicles in 1987 and as we speak the native arm contributes practically 40 per cent of the entire car exports from the nation. India is at the moment the world’s third-largest PV market and is decided to develop stronger within the coming years. MSIL plans to take a position additional and enhance its annual manufacturing capability to 4 million items by FY 2030-31 as ten extra new vehicles are deliberate. It’s working in the direction of organising two new inexperienced area manufacturing vegetation of 1 million capability every at Kharkhoda-Haryana and Gujarat.

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