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Maruti Suzuki's shares fell by one percent Wednesday morning after the company announced a recall of more than 1,200 new Swift and Dzire models to inspect a possible fault in the airbag controller unit. 566 new Swift and 713 new Dzire) manufactured between May 7, 2018 and July 5, 2018 will be covered in this campaign, "said the company in a file at the exchange.
As of July 25, 2018 the Owners of the vehicles included In this recall campaign will be contacted by Maruti Suzuki dealers for the inspection and replacement of the defective part for free, the notification added later.
The stock was in the news recently to deploy its 20 millionth car It took 34 years for the company to take this step, only 5 million were produced in the first 21 years, but over time production has accelerated and the last five million of cars were fastest to be produced at 18 months.
The first Maruti Suzuki car was produced in December 1983 and its owner Harpal Singh was selected Indira Gandhi, then Prime Minister of India, has handed over the car keys to Singh
The stock has gained about 11% in the last month, while that during in the last three days he has gained about 4%. At 10:15, Maruti Suzuki India was trading at Rs 9,743.35, down Rs 77.00, or 0.78%, on BSE. He touched an intraday high of Rs 9,875.00 and an intraday low of Rs 9,713.85.
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