BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains outperform on Maruti Suzuki India
Credit Suisse has increased target price on Maruti Suzuki to Rs 6,000 from Rs 5,150 earlier. Volume outlook improving for Maruti. We increase our target PE multiple to 20x. Re-rating for the stock is largely done. Maruti still remains a good earnings growth story.