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    HomeNewsBusinessStocksStay invested in Maruti Suzuki: Rajat Bose

    Stay invested in Maruti Suzuki: Rajat Bose

    According to Rajat Bose of rajatkbose.com, one may stay invested in Maruti Suzuki.

    August 31, 2017 / 15:03 IST
    Officials stand next to the newly launched Maruti Suzuki Alto 800 car in the western Indian city of Ahmedabad October 16, 2012. Maruti Suzuki India Ltd has launched a cheaper, more powerful and fuel-efficient version of its Alto - the world's best-selling small car - as competitors including Hyundai and Tata Motors flex their muscles in the entry-level market. REUTERS/Amit Dave (INDIA - Tags: TRANSPORT BUSINESS) - RTR397A0
    Officials stand next to the newly launched Maruti Suzuki Alto 800 car in the western Indian city of Ahmedabad October 16, 2012. Maruti Suzuki India Ltd has launched a cheaper, more powerful and fuel-efficient version of its Alto - the world's best-selling small car - as competitors including Hyundai and Tata Motors flex their muscles in the entry-level market. REUTERS/Amit Dave (INDIA - Tags: TRANSPORT BUSINESS) - RTR397A0

    Rajat Bose of rajatkbose.com told CNBC-TV18, "Maruti Suzuki has been a great performer, great wealth creator. What I would suggest is put a stoploss around Rs 6,900 and that is a very strong support area for Maruti."

    "On the other hand, Rs 7,800 to Rs 8,000 is a supply zone. And if this supply zone were not to be taken out, at least part profit booking could be in order. If one wants to carry on, then definitely, one can carry on because Maruti's growth story is not yet over. So it is a hold basically at current prices," he said.

    first published: Aug 31, 2017 03:03 pm

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