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Sep 13, 2017 02:52 PM IST | Source: CNBC-TV18

Buy Maruti Suzuki, says Shahina Mukadam

Shahina Mukadam, Independent Market Expert is of the view that one may buy Maruti Suzuki.

Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One can buy Maruti Suzuki at market dips. Basically it is a stock that one can buy and hold and it will give a return over a longer term period. I would believe that any market dip should be utilised to buy a stock like Maruti; their Baleno, their Brezza is bumping up volumes and we have seen even their light commercial vehicle (LCV) new launches should start doing better."

"So to that extent, a double digit growth, Gujarat plant starting to ease their capacity constraints, so all these things work together. It is slightly expensive, but I would be buying it and holding it in my core portfolio," she added.
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