Profit

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

NSE
7803.15
Change Change %
64.05 0.83%

Updated:04 Dec, 2020, 15:59 PM IST

BSE
7801.95
Change Change %
61.80 0.80%

Updated:04 Dec, 2020, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
24-08-2016 Buy 4833.25 5850.00
N/A
Target Hit Long (1Y)
24-08-2017

CLSA upgrades Maruti Suzuki to outperform

CLSA has upgraded Maruti Suzuki to "outperform" with a target price of Rs 5,850. Company's franchise has become stronger than before. Free cash flow generation structurally better post-Gujarat plant deal. Expect Maruti's premium valuations to sustain. Reduced yen exposure will give stable earnings. 

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