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.

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Forrás: eredeti cikk

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