Maruti shares, Feb. 12 -- In 2000s, owning a Maruti 800 was a milestone for the Indian middle class. Priced at around Rs.2.5 lakh, the small hatchback redefined personal mobility and became a symbol of aspiration.
Two decades later, the same brand has also delivered one of the most remarkable wealth-creation stories in Indian equities.
Maruti Suzuki India made its stock market debut in 2003 at Rs.125 per share. From that level, the stock has generated returns of about 12,230% to Rs.15,412.75 (as of Feb 10 close).
To put this into perspective, an investment of Rs.2.5 lakh in the stock instead of the iconic car in 2003 would be worth over Rs.3 crore today (excluding corporate actions). Ferrari Portofino costs Rs.3.31 crore.
What began a...
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