Hold Maruti Suzuki, target Rs 8500: Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "What would you call a company which is proof of excellence in their markets? What would you call a company where it does not matter whether it is GST or demonetisation or any kind of headwinds the company faces? What do call a company, when they launch a model, there is a waiting line of a few months."

"I am fairly confident that Maruti Suzuki is headed upwards. So my target for Maruti is Rs 8,500. One can hold on to the stock. The targets might be revised further as the company grows. So Maruti could be a story where it can be paired with maybe Eicher Motors or an MRF."

"The stock keeps on growing because the fundamentals are very strong, the sales numbers are very convincing. So I would not recommend an exit for a long-term investor in Maruti. So definitely my take would be hold on to the stock," he added.