BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains outperform on Maruti Suzuki India
CLSA increased target price on Maruti Suzuki to Rs 4,500 from Rs 4,150 earlier. Expect improvement in average selling price in current fiscal. Increase FY17 and FY18 earnings per share estimates by 3-5 per cent. Volume forecasts broadly unchanged in FY17.