Profit

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

NSE
7491.85
Change Change %
122.80 1.67%

Updated:15 Nov, 2018, 15:09 PM IST

BSE
7499.00
Change Change %
126.65 1.72%

Updated:15 Nov, 2018, 15:08 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
27-04-2016 Buy 3877.20 4479.00
N/A
Target Hit Long (1Y)
27-04-2017

Nirmal Bang maintains buy on Maruti Suzuki

Maruti's Q4 earnings was stronger than expected on account of better than expected realisations and lower material cost. Following a cut in volumes and operating profit, we have cut earnings estimates for FY17 and FY18 by 14 and 11 per cent respectively with target price at Rs 4,479.

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