The stock quoted a 52-week high of Rs 2587.95 and a 52-week low of Rs 1784.15.

The Tata Group-owned stock climbed 5 per cent during the trade on Monday, closing in on the 52-week high levels it hit in October last year. The counter traded at Rs 468.40 on BSE.

Unlike the earlier definition that distinguished between rural and urban, RBI has now set a common household limit of Rs 300,000 for loans to qualify as microfinance.

The Hang Seng Index closed 2.1% higher at 22,502.31 points, its highest close since March 1. The Hong Kong China Enterprises Index gained 3.1% to 7,770.98.

“If you remove the SUVs, Maruti Suzuki’s market share is at record high at the moment at about 66% and that is really good. However, if SUVs are included, then the market share comes down because in SUVs, we are among the weaker wicket as far as the market share is concerned.”

Mining stocks climbed 1.4%. Iron ore futures in China closed at a near 8-month high on Friday as hopes for economic stimulus rose following a month of COVID-19 induced lockdowns.

The pan-European STOXX 600 index was up 0.3% after ending last week up 1%.

The inflationary pressures are becoming more generalised given the broad-based surge in input costs.

On Monday, the first day of trade after the borrowing calendar was released, yield on the 10-year benchmark paper shot up as much as 9 basis points to 6.93 per cent.

A total of 543,417 shares changed hands on the counter till 01:39PM (IST).