Profit

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

NSE
7478.30
Change Change %
109.25 1.48%

Updated:15 Nov, 2018, 15:44 PM IST

BSE
7482.85
Change Change %
110.50 1.50%

Updated:15 Nov, 2018, 15:44 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
HDFC Securities
N/A
30-04-2018 Hold 8789.35 N/A
N/A
Open Long (1Y)
30-04-2019

HDFC Securities Maintains ‘Neutral’ On Maruti Suzuki India

According to HDFC Securities, Maruti Suzuki India's growth  story  is  premised  on strong volume growth, sustained growth in premium cars and UVs, incremental volumes from the Gujarat facility, rising rural  demand  and healthy RoE/RoCE and strong FCF. However, challenges persist in the form of rising fuel prices and slowdown in demand from cab aggregators like Ola and Uber, the brokerage adds. 

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