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Buy Maruti Suzuki India, target price Rs 14700: Motilal Oswal

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April 29, 2024
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Buy Maruti Suzuki India, target price Rs 14700:  Motilal Oswal
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Motilal Oswal has buy call on Maruti Suzuki India Ltd. with a target price of Rs 14700. The current market price of Maruti Suzuki India Ltd. is Rs 12846.9.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 398884.12 Crore) operating in Auto sector.

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Service Income, Scrap, Other Operating Revenue, Rental Income for the year ending 31-Mar-2023. Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 39654.80 Crore, up 14.91 % from last quarter Total Income of Rs 34509.20 Crore and up 20.89 % from last year same quarter Total Income of Rs 32802.50 Crore. Company reported net profit after tax of Rs 3874.90 Crore in latest quarter. Promoter/FII Holdings
Promoters held 58.19 per cent stake in the company as of 31-Mar-2024, while FIIs owned 19.64 per cent, DIIs 18.86 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Tags: BuyIndiamarket newsMarketsmarutimaruti indiamaruti india ltdmaruti suzukimaruti suzuki indiamaruti suzuki india ltdmaruti suzuki stocksMotilalNiftyOswalpricesensexStocks to buySuzukitarget
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