Maruti shares fall 3% post Q2; should you buy, hold, or sell this auto stock?
JM Financial and Prabhudas Lilladher have retained ‘Buy’ call on Maruti Suzuki, with upgraded price targets of ₹11,750 and ₹12,485, respectively.
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Maruti Suzuki to invest ₹45,000 cr to double capacity in next eight years: Chairman Bhargava
Bhargava acknowledged that Maruti Suzuki is trailing behind its peers in the electric vehicle segment.
Passenger vehicle sales cross 2 mn mark; up 9.4% in Q1 FY24: SIAM
The total passenger vehicle domestic sales surged 9.4% to 9,95,974 units in Q1 of FY24 as against 9,10,495 units sold in the same period last year.
April auto sales: From Maruti Suzuki to Kia, here's how companies performed
Maruti's overall sales surge 6.5%, Tata Motor’s overall sales dip 3.9%; Hyundai and Kia report 3.5% and 22% YoY growth, respectively
Maruti Suzuki to launch cross-badged Toyota Hycross in 2 months?
MSIL chairman RC Bhargava says that a three-row, strong hybrid vehicle will be sourced from Toyota Kirloskar Motor (TKM).
Maruti Suzuki shares up 1% post Q4; here’s what brokerages say
According to market analysts, Maruti Suzuki Q4FY23 numbers were strong on all fronts, while margin expanded on operating leverage benefits and product mix.
Auto sector Q4 results: Will improved product mix, moderation in costs to drive growth?
Revenue of auto OEMs is expected to grow at 19% YoY in Q4FY23, while it is projected to register a growth of 8% QoQ, according to Axis Securities.
PV sales up 22% in January; total retail rises 14%: FADA
All categories were in green in January 2023, with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 10%, 59%, 22%, 8% and 16%, respectively, FADA data shows.
Maruti, M&M, Ashok Leyland shares surge on robust Jan sales; Tata Motors skids
The share price of Maruti Suzuki surged as much as 1.9% to hit an intra-day high of ₹8,936 apiece on the Bombay Stock Exchange.
Maruti plans 6 EVs by 2030; eyes 15% volumes
While Suzuki has earmarked ¥2 trillion for electrification-related investments, it has plans on using biogas for its CNG models that account for about 70% of the CNG car market in India
