Synopsis
Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 247391.49 Crore) operating in Auto sector.
Chandan Taparia of Motilal Oswal has buy call on Maruti Suzuki India Ltd. with a target price of Rs 8520. The current market price of Maruti Suzuki India Ltd. is Rs 8188.6. Time period given by analyst is Intra Day when Maruti Suzuki India Ltd. price can reach defined target.
Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 247391.49 Crore) operating in Auto sector.
Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Mould & Dies, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 21056.50 Crore, up 15.16 % from last quarter Total Income of Rs 18284.30 Crore and up 8.83 % from last year same quarter Total Income of Rs 19347.90 Crore. Company reported net profit after tax of Rs 460.00 Crore in latest quarter.
Investment Rationale
Higher highs since three weeks, increased price volumes with outperformance in auto sector
Promoter/FII Holdings
Promoters held 56.37 per cent stake in the company as of 30-Sep-2021, while FIIs owned 22.52 per cent, DIIs 15.98 per cent.
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SynopsisMaruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 247391.49 Crore) operating in Auto sector.Promoters held 56.37 per cent stake in the company as of 30-Sep-2021, while FIIs owned 22.52 per cent, DIIs 15.98 per cent.Chandan Taparia of Motilal Oswal has buy call on Maruti Suzuki India Ltd. with a target price of Rs 8520. The current market price of Maruti Suzuki India Ltd. is Rs 8188.6. Time period given by analyst is Intra Day when Maruti Suzuki India Ltd. price can reach defined target. Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 247391.49 Crore) operating in Auto sector. Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Mould & Dies, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 21056.50 Crore, up 15.16 % from last quarter Total Income of Rs 18284.30 Crore and up 8.83 % from last year same quarter Total Income of Rs 19347.90 Crore. Company reported net profit after tax of Rs 460.00 Crore in latest quarter. Investment RationaleHigher highs since three weeks, increased price volumes with outperformance in auto sector Promoter/FII Holdings Promoters held 56.37 per cent stake in the company as of 30-Sep-2021, while FIIs owned 22.52 per cent, DIIs 15.98 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 7 mins read4 mins read4 mins read4 mins read3 mins read4 mins read4 mins read7 mins read