BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquiare maintains outperform on Maruti Suzuki
Macquiare has maintained outperform call on Maruti Suzuki for target of Rs 4,200 per share. It says correction provides an opportunity for passenger vehicle industry growth to improve in FY16-18 and Maruti will gain market share in FY16-18. It adds that yen appreciation can hurt operating margins.