|
12 Sep 2025 |
Maruti Suzuki
|
Consensus Share Price Target
|
15325.00 |
14939.48 |
- |
-2.52 |
buy
|
|
|
|
|
25 Jan 2023
|
Maruti Suzuki
|
ICICI Securities Limited
|
15325.00
|
10455.00
|
8698.80
(76.17%)
|
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
|
15325.00
|
11200.00
|
8784.10
(74.46%)
|
|
Buy
|
|
|
|
|
24 Jan 2023
|
Maruti Suzuki
|
Motilal Oswal
|
15325.00
|
10500.00
|
8698.80
(76.17%)
|
Target met |
Buy
|
|
|
|
|
24 Jan 2023
|
Maruti Suzuki
|
Bonanza
|
15325.00
|
|
8417.10
(82.07%)
|
|
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.
|
15325.00
|
9933.00
|
9253.50
(65.61%)
|
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
|
15325.00
|
10600.00
|
9229.50
(66.04%)
|
Target met |
Buy
|
|
|
|
|
31 Oct 2022
|
Maruti Suzuki
|
SMC online
|
15325.00
|
|
9229.40
(66.05%)
|
|
Results Update
|
|
|
|
|
31 Oct 2022
|
Maruti Suzuki
|
IDBI Capital
|
15325.00
|
10047.00
|
9229.40
(66.05%)
|
Target met |
Hold
|
|
|
|
|
31 Oct 2022
|
Maruti Suzuki
|
Prabhudas Lilladhar
|
15325.00
|
10230.00
|
9454.60
(62.09%)
|
Target met |
Buy
|
|
|
|
|
31 Oct 2022
|
Maruti Suzuki
|
ICICI Securities Limited
|
15325.00
|
10494.00
|
9492.55
(61.44%)
|
Target met |
Accumulate
|
|
|
Maruti Suzuki’s (MSIL) Q2FY23 EBITDA margin at 9.3% was in line consensus estimates at 9.2%, up 204bps QoQ on RM cost benefit and 55bps gain from favourable JPY movement.
|