Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
8040.15
Change Change %
-170.20 -2.07%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
8039.55
Change Change %
-167.45 -2.04%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Ambit
N/A
22-02-2016 Buy 3521.30 4400.00
N/A
Target Hit Custom
22-02-2017

Ambit Retains Buy on Maruti Suzuki, Cuts Target Price

Expect FY17 sales to growth at 12 per cent versus 11 per cent in FY16 because of improved urban sentiment, new launches (Brezza, Ignis), full year of Baleno sales and low exports base. However, the recent appreciation in yen would negatively impact EBITDA margin. Revise February 2017 valuation of Rs 4,400 (versus Rs 4,750 earlier).

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