Maruti Suzuki India

Maruti: Book Profits!

Posted by : joetom
Price when posted : BSE: Rs 1651.00 ( -2.82 % ), NSE: Rs. 1655.95 ( -2.67 % )

Maruti has reported excellent sales figures for the latest month. Finance tie up with Banks, lower interest rates and other sops offered by vendors could be the reasons for good show by auto sector as a whole. But, world over, fears of a resumption of recession is showing up. US reports on auto sales despite almost nil interest are pathetic, fallen further in latest month. It is said that there are no takers for 2nd hand vehicles in the Middle East. Those returning from Gulf on PR are said to give up there vehicles at scrap value.

Our companies are doing well on hopes of revival in economy. Job losses, pay-cuts and lower remittance from abroad will soon affect our auto companies too.

Recommend selling Maruti at CMP to take best advantage of the bullish news and to await for a reasonable lower price of about 1250....

Highly Inflated

Posted by : Dakshina murthy
Price when posted : BSE: Rs 1651.00 ( -2.82 % ), NSE: Rs. 1655.95 ( -2.67 % )

As I Gave a call on 16th sep,`Start exiting this counter gradually`the following mesg is only for those who have exited this counter on every rise.


On monday moring the trend of the mktg will be clear,as you know all the mktg ard the world currently trading in RED.

Do not buy this stock even if it corrects by another 5-7%,But it is safe to buy gradually only at 1450,1250,1050 levels.


I may be wrong in my observation,Pls take the decision accordingly

regards...

NSE Announcements on Maruti Suzuki

Posted by : MMB Messenger
Price when posted : [Maruti Suzuki - BSE:Rs. 1657.80 NSE:Rs. 515.20 when posted]

Maruti Suzuki India Limited has informed the Exchange regarding a press release dated October 01, 2009, titled "Maruti Suzuki sales in September 2009". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on Maruti Suzuki

Posted by : MMB Messenger
Price when posted : [Maruti Suzuki - BSE:Rs. 1659.90 NSE:Rs. 515.20 when posted]

Maruti Suzuki India Ltd has informed BSE that the 28th Annual General Meeting (AGM) of the Company was held on September 02, 2009....

BSE Announcements on Maruti Suzuki

Posted by : MMB Messenger
Price when posted : [Maruti Suzuki - BSE:Rs. 1659.90 NSE:Rs. 515.20 when posted]

Maruti Suzuki India Ltd has informed BSE regarding a Press Release dated October 01, 2009 titled "Maruti Suzuki sales in September 2009"....

book ur profits

Posted by : NAUGHTY007
Price when posted : BSE: Rs 1698.90 ( 3.70 % ), NSE: Rs. 1701.40 ( 3.85 % )

book ur profits around 1750 levels-buy again after dip of 100...

maruti suzuki

Posted by : ypal
Price when posted : BSE: Rs 1698.90 ( 3.70 % ), NSE: Rs. 1701.40 ( 3.85 % )

Hi jljain, do you remember i which year was the IPO, because I too have 100 shares from the IPO. Thanks..YP...

maruti suzuki

Posted by : Guest
Price when posted : BSE: Rs 1698.90 ( 3.70 % ), NSE: Rs. 1701.40 ( 3.85 % )

what is future target up or down...

maruti suzuki

Posted by : petercool
Price when posted : BSE: Rs 1698.90 ( 3.70 % ), NSE: Rs. 1701.40 ( 3.85 % )

Keep holding the stock , auto numbers in the upcoming earning season is expected to be better than expected .
Also as the economy is picing up , we will see more sales of auto makers in the next few quarters and the share price is expected to boom towards 2500 by october 2010 when India will host the commonwealth games .

Hence do not sell will be my advice. ...

NSE Announcements on Maruti Suzuki

Posted by : MMB Messenger
Price when posted : [Maruti Suzuki - BSE:Rs. 1698.90 NSE:Rs. 515.20 when posted]

Maruti Suzuki India Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on September 02, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

maruti suzuki

Posted by : jljain
Price when posted : BSE: Rs 1641.50 ( 0.20 % ), NSE: Rs. 1642.00 ( 0.22 % )

i hold 50 shares of maruti suzuki since ipo @ 125.00;anyone reply what should i do now....

buy on dips

Posted by : nithi1970
Price when posted : BSE: Rs 1638.30 ( -0.15 % ), NSE: Rs. 1638.40 ( 0.03 % )

Can I still buy now for short term...

buy on dips

Posted by : NAUGHTY007
Price when posted : BSE: Rs 1633.05 ( -1.17 % ), NSE: Rs. 1635.20 ( -1.15 % )

please hold as again buying is seen today-target 1750+ slowly achievable... USE DIPS TO ACCUMULATE...

Highly Inflated

Posted by : gunamjj
Price when posted : BSE: Rs 1633.05 ( -1.17 % ), NSE: Rs. 1635.20 ( -1.15 % )

Hi dhakak,

Yes i do agree that the recovery is sharp in this counter. My take is Maruti is definetely overvalued as of now... Large Cap with P/E of 35+ makes unconformtable most of the times for the fundamental and long term investors. It`s better to buy in dips or during correction...

...

Highly Inflated

Posted by : dhakak
Price when posted : BSE: Rs 1652.35 ( -0.41 % ), NSE: Rs. 1654.20 ( -0.22 % )

Gunamil,
thx a lot several times i have booked profit and several times i have reentered.Always the fear is there that paper profit would vanishbut one thing that makes me stick to it is that the way it rises from its low levels we have seen it to come from 1105 to 1450, then fall to 1250 then agian rise to 1450. then rise to 1565 then fall to 1450.then again rise to 1665this time .
the steps are massive and recovery period is very short its all in memory.
what do u say .The PES WILL ALL CHANGE AND SECTOR WILL BE RERATED.ITs in nifty and imagine if nifty has to go to 1800-2000 then where its likely to be .
i stated what i felt but you can be more objective with one line paperprofit
regrads
dhakak ...