Shares of (MSIL) took a breather on Wednesday after a strong rally over the past year. The stock, which hit an all-time high of Rs 16,673.90 on Tuesday, slipped 1.04 per cent to close at Rs 16,143.65 today. Even at this level, the country's largest carmaker has delivered impressive gains of around 46 per cent over the last twelve months. Advertisement

The index heavyweight counter remains in focus following new announcements by its Japanese parent, Suzuki Motor Corporation (SMC). SMC President Toshihiro Suzuki said the automaker plans to introduce eight new sport utility vehicles (SUVs) in India over the next five to six years. The company aims to reclaim its market share lost to competitors and strengthen its position in the fast-growing SUV segment.

"India is Suzuki's most critical ma

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