New Delhi, Nov. 18 -- Maruti Suzuki India, the country's largest automaker, is on track to deliver its strongest yearly performance in nearly a decade, as demand for the domestic passenger-vehicle major remains firm on Dalal Street with an improved outlook amid a recovery in domestic consumption.

So far this year, the shares have risen 46.21% to Rs.15,903 apiece, and if the momentum is sustained through the year-end, it will mark their biggest annual gain since 2017, when they surged 83%.

This rally has also pushed the company's market capitalisation past Rs.5 lakh crore, placing it in an elite group of just 12 companies to have achieved this milestone.

Although the stock began the year on a volatile note, it stabilised in March and ga...