Maruti Suzuki is one of the largest Indian automobile manufacturing companies. The company was founded in 1982 and is currently headquartered in New Delhi, India. With a team of over 13200 professionals and a sales network spread across over 1500 cities, Maruti Suzuki is often considered one of the most popular stocks in the automobile industry in India. Maruti Suzuki is a subsidiary of the Japanese automobile and motorcycle manufacturer, Suzuki Motor Corporation.
As one of the largest automobile companies, Suzuki Limited understands that the company has a large impact on many lives, communities and other companies. Therefore, the importance of ethical responsibilities of the company is never neglected. As a result, Maruti Suzuki India Limited follows a carefully written Code of Conduct to ensure compliance with the company’s ethical beliefs. These standards are upheld in day-to-day operations and decision-makings.
When choosing the best investment vehicle, futures contracts offer a long list of advantages for traders. Having been traded in the form of a future, Maruti Suzuki also carries with it these advantages.The Benefits of trading Maruti Suzuki Ltd futures are mentioned and described below:
-Instant access to profits
Unlike many other trading vehicles, trading futures provides you with instant access to your profits.
-Holding on to trade positions
While trading Maruti Suzuki Ltd futures, you may have a whole year to hold on to your position without worrying about roll-overs or interest rates
-Low Margin requirements
As previously mentioned, futures trading is a highly leveraged trading instrument. It follows that Futures margin requirements are incredibly low. As a result, traders can expose themselves to a larger value of stocks than they could when trading the original stocks.
Market Cap: Rs 166477.83 Cr.
Total Expenses: 4,87,678.00
Gross Profit: 93,589.00
Net Profit: 45,714.00
Earnings per share: 151.33
A key factor of trading futures successfully is being educated about potentially profitable trading opportunities and knowing their in-depth specifications and benefits. The table below is provided for further details about the contract.
|DGCX Contract Symbol||DMSIL|
|Underlying Equity||MARUTI SUZUKI INDIA LTD.|
|Notional Contract Value||(Price * Contract Size) in USD|
|Price Quote||Underlying Equity price expressed in USD (example: Bid: 4,677 / Ask 4,678)|
|Minimum Tick Size||1|
|Tick Value||USD 1|
|Trading Days||Monday through Friday|
|Trading Hours||07:00 - 23:30 Hours Dubai time (GMT+4)|
|Trading Months||First two (2) serial months and 1 calendar spread|
|Last Trading Day **||Last Thursday of the Calendar Month|
|Cash Settlement Day**||Business Day following the Last Trading Day|
|New Contract Listing||Business Day immediately following the Last Trading Day|
|Final Cash Settlement Price Basis||
Based on the market closing price of the Underlying
Equity on the Last Trading Day in the Underlying
Country (source: public domain)
|Settlement Basis||Cash settled in USD|
|Wholesale Trades||Minimum permitted block size is 100 lots|
|Max Open Position Limit||As determined by the Exchange from time to time|
|Max Order Size||1,000 lots|
|Daily Price Movement limit||No Limit, Note 1*|
|Initial Margin based on SPAN||USD 470 (Based on SPAN, subject to change from time to time)|
|Calendar Spread Margin||100% benefit is offered on calendar spread positions|