Maruti share price in focus as automaker announces price hike of up to ₹30,000 from June ‘26

The company has decided to increase prices of its models across its portfolio by up to ₹30,000 with effect from June 2026, Maruti Suzuki India said in a regulatory filing.

The exact quantum of change will vary from model to model, it added.

"For the past few months, the company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction measures," the company said.

However, it further said, "With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible."

Maruti Suzuki India currently sells a range of vehicles from entry-level S-Presso to premium utility vehicle Invicto priced between ₹3.49 lakh and ₹28.7 lakh (ex-showroom).

In the recent past, company officials had hinted at the possibility of price hikes due to rising costs, especially commodities.

In January this year, the company came out with a price protection scheme for those customers who booked their vehicles, as it could not supply due to production constraints.

The company had closed FY26 with about 1.9 lakh pending customer orders, including nearly 1.3 lakh in the small-car segment under the 18 per cent GST bracket.

Last year in September, after GST 2.0 kicked in, the company cut prices of the entry-level model S Presso by up to ₹1,29,600; the Alto K10 by up to ₹1,07,600; the Celerio by ₹94,100; and the Wagon-R by up to ₹79,600, among others.

Recent updates

MSIL on May 18 announced the start of commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana.

The second plant has an annual production capacity of 2.5 lakh units, taking the total capacity at Kharkhoda to 5 lakh units, Maruti Suzuki India Ltd (MSIL) said in a statement.

With the new capacity coming in, the company's overall annual production capacity across its facilities in Gurugram, Manesar, and Kharkhoda in Haryana, and Hansalpur in Gujarat stands at 26.5 lakh units, it added.

When fully operational, the Kharkhoda facility will be among parent Suzuki's largest four-wheeler manufacturing locations with the capacity to produce 10 lakh vehicles per annum, the company said.

The country's largest carmaker had earlier indicated its plan to add 5 lakh units of capacity in FY 2026-27.

The company currently produces the compact SUV Brezza and mid-SUV Victoris at the facility.

Maruti's market share rises to 42%

In early May 2026, news agency PTI reported that the country's largest carmaker had started the new fiscal 2026-27 with a 42% market share, increasing from 39% in the previous fiscal.

According to industry estimates, the company, which posted a record domestic sales of 1,91,122 units in April, gained nearly 3 percentage points in market share that month.

"We started the new fiscal with a bang in April with record sales and also gained market share," Banerjee said.