|
12 Sep 2025 |
Maruti Suzuki
|
Consensus Share Price Target
|
15326.00 |
14939.48 |
- |
-2.52 |
buy
|
|
|
|
|
10 Apr 2023
|
Maruti Suzuki
|
Motilal Oswal
|
15326.00
|
10400.00
|
8535.15
(79.56%)
|
Target met |
Buy
|
|
|
|
|
16 Feb 2023
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
15326.00
|
9989.00
|
8805.10
(74.06%)
|
Target met |
Hold
|
|
|
Q3 gross margin stays healthy at 27% (25% in Q3FY22) due to softer raw material cost and better synergies; realisations drive sales
|
|
25 Jan 2023
|
Maruti Suzuki
|
ICICI Securities Limited
|
15326.00
|
10455.00
|
8698.80
(76.19%)
|
Target met |
Buy
|
|
|
Maruti Suzuki’s (MSIL) Q3FY23 EBITDA margin at 9.8%, up 50bps QoQ, was largely in line our estimate, driven by RM cost benefit and favourable currency movement.
|
|
25 Jan 2023
|
Maruti Suzuki
|
ICICI Direct
|
15326.00
|
11200.00
|
8784.10
(74.47%)
|
|
Buy
|
|
|
|
|
25 Jan 2023
|
Maruti Suzuki
|
SMC online
|
15326.00
|
|
8784.10
(74.47%)
|
|
Results Update
|
|
|
|
|
25 Jan 2023
|
Maruti Suzuki
|
Axis Direct
|
15326.00
|
9750.00
|
8784.10
(74.47%)
|
Target met |
Buy
|
|
|
Strong order book, focus on SUVs, and expected increase in sales realisation to drive growth. We maintain our BUY rating on the stock.
|
|
24 Jan 2023
|
Maruti Suzuki
|
Motilal Oswal
|
15326.00
|
10500.00
|
8698.80
(76.19%)
|
Target met |
Buy
|
|
|
|
|
24 Jan 2023
|
Maruti Suzuki
|
Bonanza
|
15326.00
|
|
8417.10
(82.08%)
|
|
Strategy Note
|
|
|
The Maruti has shown a profit booking post last result. In the process, range of the Q1: 22-23 has also broken down. Currently, it is just above the Yearly pivot level and 50 EMA. If it hold current levels post Q3 result, then moving towards 8,960-9,468 is possible.
|
|
05 Nov 2022
|
Maruti Suzuki
|
BOB Capital Markets Ltd.
|
15326.00
|
9933.00
|
9253.50
(65.62%)
|
Target met |
Hold
|
|
|
Q2 gross margin improved to 27% (25% in Q1) due to softer raw material cost and better synergies; volumes up 11% QoQ on festive sales
|
|
04 Nov 2022
|
Maruti Suzuki
|
SBI Securities
|
15326.00
|
10600.00
|
9229.50
(66.05%)
|
Target met |
Buy
|
|
|
|