HighPositive
Announced Mon, 15 Jun · 13:03 IST
Maruti Suzuki shares jump over 4%. How is the new E100 regulation triggering a surge?
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AI summary
Maruti Suzuki shares surged over 4% after the government approved a framework for E100 (pure ethanol) fuel, going beyond the existing E20 blending programme. Maruti is positioned as a direct beneficiary having recently launched India's first flex-fuel passenger vehicle — a Wagon R variant engineered to run on anything from standard petrol to E100. The government also plans to roll out 400-500 ethanol dispensing stations across key corridors by December to support adoption.