Profit

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

NSE
8210.35
Change Change %
-188.80 -2.25%

Updated:19 Sep, 2018, 15:59 PM IST

BSE
8207.00
Change Change %
-193.10 -2.30%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
28-06-2017 Buy 7285.70 8824.00
N/A
Target Hit Long (1Y)
28-06-2018

Nomura maintains buy on Maruti Suzuki

Nomura has maintained buy on Maruti Suzuki for target price of Rs 8,824. It says India's car industry appears to have significant growth potential; we think it can reach 15 million units by financial year 2030, which is 60% of China at similar per-capita income levels. Maruti Suzuki (MSIL), with nearly 50% market share, is a key stock to play this theme and remains our top pick in the sector.

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