|
01 Oct 2025 |
Maruti Suzuki
|
Consensus Share Price Target
|
15965.00 |
15795.95 |
- |
-1.06 |
buy
|
|
|
|
|
01 Feb 2024
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
15965.00
|
12234.00
|
10637.95
(50.08%)
|
Target met |
Buy
|
|
|
MSIL: Healthy all-round performance raise to BUY. DRRD: Buoyant US sales drive performance. VOLT: UCP improving, Qatar business a dampener. DIXON: Mobile business dials up growth; maintain BUY. KJC: Soft demand, intense competition mar quarter. BLSTR: Purple patch continues; maintain BUY. KECI: Pipeline robust, margin improvement delayed. ABSLAMC: Double-digit growth but market share bleed continues. Metals & Mining: Jindal Stainless: Management meet takeaways
|
|
01 Feb 2024
|
Maruti Suzuki
|
SMC online
|
15965.00
|
|
10637.95
(50.08%)
|
|
Results Update
|
|
|
|
|
01 Nov 2023
|
Maruti Suzuki
|
Geojit BNP Paribas
|
15965.00
|
11427.00
|
10227.75
(56.09%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2023
|
Maruti Suzuki
|
SMC online
|
15965.00
|
|
10397.70
(53.54%)
|
|
Results Update
|
|
|
|
|
30 Oct 2023
|
Maruti Suzuki
|
Axis Direct
|
15965.00
|
11800.00
|
10397.70
(53.54%)
|
Target met |
Buy
|
|
|
We keep our TP of Rs 11,800/share unchanged and maintain our BUY rating on the stock.
|
|
28 Oct 2023
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
15965.00
|
11562.00
|
10560.70
(51.17%)
|
Target met |
Hold
|
|
|
Q2 volume growth of ~7% YoY continued to beat the industry (~5%); we expect sustained outperformance
|
|
28 Oct 2023
|
Maruti Suzuki
|
Prabhudas Lilladhar
|
15965.00
|
12485.00
|
10560.70
(51.17%)
|
Target met |
Buy
|
|
|
|
|
28 Oct 2023
|
Maruti Suzuki
|
Motilal Oswal
|
15965.00
|
12300.00
|
10560.70
(51.17%)
|
Target met |
Buy
|
|
|
|
|
27 Oct 2023
|
Maruti Suzuki
|
ICICI Securities Limited
|
15965.00
|
11234.00
|
10560.70
(51.17%)
|
Target met |
Accumulate
|
|
|
Maruti Suzuki (MSIL) reported EBITDA margin of 12.9%, up 370bps QoQ in Q2FY24, higher than consensus estimate of ~11%, driven by gross margin improvement of ~220bps (due to superior product mix) and operating leverage. ASP was up 3% QoQ at ~INR 670k/unit with blended discount up ~INR 1.5k/unit QoQ (INR 17.7k/unit).
|
|
27 Oct 2023
|
Maruti Suzuki
|
Sharekhan
|
15965.00
|
12257.00
|
10397.70
(53.54%)
|
Target met |
Buy
|
|
|
|