Profit

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

NSE
7150.45
Change Change %
62.65 0.88%

Updated:13 Nov, 2018, 15:59 PM IST

BSE
7146.40
Change Change %
72.50 1.02%

Updated:13 Nov, 2018, 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
05-03-2014 Buy 1613.30 2350.00
N/A
Target Hit Long (1Y)
05-03-2015

CLSA maintains buy on Maruti Suzuki

Maruti offers multiple new product triggers. The company is targeting cost reduction by increasing localisation. Competition is high but worst is over for passenger vehicles. Maruti offers robust FY14-16 earnings per share CAGR of 28 per cent. Expect 85 per cent return in 3 years. Target Rs 2350.

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