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%.
Ashwani Gujral of ashwanigujral.com recommends sel
There was an unusual excitement about monthly auto
With maintaining Maruti Suzuki, Eicher Motors and
Statistics suggest that Maruti have received more
Maruti Suzuki India, Toyota and Renault posted dou