Jan 28, 2013, 12.18 PM | Source: CNBC-TV18
Buy Maruti Suzuki India on dips, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, “I would buy again Maruti Suzuki India. We have been upbeat on Maruti from Rs 1,400 onwards; it is giving a target of more than Rs 2,000. I am gratified to see it reaching those levels, slowly of course. Maruti’s big gains could see follow-through today, every dip here is a buying opportunity.”
The share touched its 52-week high Rs 1,607.65 and 52-week low Rs 1,077.00 on 25 January, 2013 and 04 June, 2012, respectively.Currently, it is trading 0.58% below its 52-week high and 50.14% above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs 79.22 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 20.41. The latest book value of the company is Rs 525.68 per share. At current value, the price-to-book value of the company was 3.08. The dividend yield of the company was 0.46%.
Aware of the change in market dynamics with a big
The company, which is set to launch Accord hybrid
Ashwani Gujral of ashwanigujral.com is of the view
Net Sales are expected to increase by 21.3 percent
Maruti Suzuki India Ltd has informed BSE that the