Maruti Suzuki gains on benefits from weaker yen

Maruti Suzuki shares gained 0.75 percent on bets that a steep depreciation in the yen will boost earnings by reducing the costs of imports from Japan. Since hitting a low of 1.3838 on July 25, the INR/JPY has risen to the current level of 1.5314. Traders also cited a report in a business newspaper that Maruti Suzuki is looking to enter the small pick-up truck segment. A spokesman for Maruti Suzuki declines to comment on th...