NSE: MARUTI | BSE: 532500

Turnaround Potential

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15836.00 -129.00 (-0.81%)

New 52W High in past week

219.5K NSE+BSE Volume

NSE 03 Oct, 2025 11:49 AM (IST)

497,888

Market Cap

Market Leader

0.8

Beta 1Year

Low volatility

Rising Sales

Maruti Suzuki's total wholesales rise 2.7% YoY in September, driven by a 52.2% increase in exports See details

Maruti Suzuki India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MARUTI, BSE:532500 Maruti Suzuki India Ltd.

Maruti Suzuki India Ltd.

03 Nov 2021, 12:00AM

15836.00

-0.81%

MARUTI SUZUKI INDIA LIMITED

Sell: Maruti Suzuki India Ltd.

Target

Geojit BNP Paribas

Maruti Suzuki India Limited (MSIL) is an automobile manufacturer with a 56.2% ownership in Japanese car and motorcycle manufacturer Suzuki Motor Corporation. It is one of the largest passenger car companies and...

Maruti Suzuki India .. has an average target of 15014.08 from 14 brokers.

Maruti Suzuki India Ltd.

28 Oct 2021

15836.00

-0.81%

Maruti Suzuki India: Q2FY22 Result Review

Buy: Maruti Suzuki India Ltd.

Target

IDBI Capital

During Q2FY22, MSIL's profit declined by 65.3% YoY to Rs4.8bn (below our estimates Rs7.8bn). Sharp decline in profitability was attributed to lower EBITDA margins which declined by 615bps YoY to 4.2% (below our estimates of 5.5%) and lower other income which declined by 13.2% YoY. MSIL could not produce ~116,000 vehicles during the quarter due to electronics component shortage. Without semiconductor chip shortages, MSIL's volume growth would have been 26% in Q2FY22 vs -3% currently. The Company has more than 200,000 pending customer orders at the end of Q2FY22. We believe the Company falls in the category of Great Company in Temporary Trouble and remain...

Sharekhan increased Buy price target of Maruti Suzuki India Ltd. to 18400.0 on 29 Sep, 2025.

Maruti Suzuki India Ltd.

28 Oct 2021

15836.00

-0.81%

Maruti Suzuki India Limited

Maruti Suzuki India Ltd.

SMC online

rose from 23.74% to 31.43%. Employee cost increased from 4.38% to 4.69%. Other expenses 55.76% decline in operating profit to Rs 856.70 crore. Raw material cost as a % of total sales rose from 15.09% to 15.20%. Pre-operation capitalised expenses rose from 0.12% to 0.31%. Other income fell 14.64% to Rs 505.6 crore. PBIDT fell 46.13% to Rs 1362.3 crore. Provision...

Maruti Suzuki India Ltd. has gained 35.16% in the last 6 Months

Maruti Suzuki India Ltd.

28 Oct 2021

15836.00

-0.81%

Q2FY22 Result Update - Margin Pressure To Continue Going Ahead - ACCUMULATE

Accumulate: Maruti Suzuki India Ltd.

Recommendation Target

Prabhudas Lilladhar

Lowest ever EBITDA margins at 4.2%; 250bps impact from high RM costs. Maruti's 2QFY22 EBITDAM disappointed at 4.2%, led by soaring raw material costs (250bps impact) and low production levels (116k units) regardless of three price hikes over 1HFY22 (~1.9% in Sep-21). Despite strong demand, orders remained unfulffilled due to production cut of 60%/40% in Sep-21/Oct21. Further, 2Q market share declined to 43% vs 48% of FY21 due to new product launches from competitors and rising demand in SUV segment....

Maruti Suzuki India Ltd. has gained 25.46% in the last 3 Months

Maruti Suzuki India Ltd.

28 Oct 2021

15836.00

-0.81%

Result Update:Maruti Suzuki

Hold: Maruti Suzuki India Ltd.

Target

Axis Direct

We upgrade our rating from HOLD to BUY and revise our TP upwards to Rs 8,500 (from Rs 7,500 earlier) and value the stock at 25x its FY24E EPS, implying an upside of 16% from CMP.

Maruti Suzuki India .. has an average target of 15014.08 from 14 brokers.

Maruti Suzuki India Ltd.

28 Oct 2021

15836.00

-0.81%

Maruti Suzuki India

Sell: Maruti Suzuki India Ltd.

Target

ICICI Securities Limited

...

Maruti Suzuki India Ltd. has gained 35.16% in the last 6 Months

Maruti Suzuki India Ltd.

07 Oct 2021

15836.00

-0.81%

Maruti Suzuki India: Company Update

Buy: Maruti Suzuki India Ltd.

IDBI Capital

Great Company in Temporary Trouble: Over the last 12 months, MSIL has faced barrage of bad news including Covid -19 lockdown, unprecedented rise in Commodity prices, Bumper to Bumper Insurance and Semiconductor Chip shortages etc. We anticipate majority of these events are temporary in nature and may not last beyond...

Sharekhan increased Buy price target of Maruti Suzuki India Ltd. to 18400.0 on 29 Sep, 2025.

Maruti Suzuki India Ltd.

22 Sep 2021

15836.00

-0.81%

MARUTI SUZUKI - Demand remains robust amidst supply constraints

Buy: Maruti Suzuki India Ltd.

Target

LKP Securities

Resumption of new product launches to drive growth ahead While the EV threat together with the supply constraints due to semiconductor shortage have made MSIL underperform the NIFTY massively during the last one year, we believe that its new launch cycle aided by its massive scale and network advantage makes risk-reward favourable....

Maruti Suzuki India Ltd. is trading above all available SMAs

Maruti Suzuki India Ltd.

20 Aug 2021

15836.00

-0.81%

Strategy for net zero emissions needs to be India focused

Buy: Maruti Suzuki India Ltd.

Target

Motilal Oswal

Strategy for net zero emissions needs to be India focused CAF-2 compliance strategy in place | Car subscription service for easy access MSIL's FY21 annual report highlights the initiatives (digitization, online financing, subscription service, etc.) it took to emerge stronger from the COVID-19 pandemic. The management has shared its thought process on the path to attaining net zero emissions....