Hold Maruti Suzuki, may test Rs 8000: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "Maruti Suzuki is definitely a long term story. The kind of auto numbers we have been getting in the past three years, Maruti has been clearly the leader. My sense is that probably it might correct a bit, probably we can see Rs 7,400 levels happening, but again my medium term target for Maruti is Rs 8,000. So there might be some kind of a correction because we are sitting on all-time high, so it is quite a possibility that market takes a breather and stocks correct a bit."

"I don’t see a major crack happening in the company. It has been doing good numbers, of course the margin pressures are there but I think they are going to recoup post good monsoon. We have the festive season which is following. So, Maruti generally does very good numbers during these couple of quarters. So, definitely one should hold on to the stock," he said.