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Dipan Mehta, Member, BSE/NSE is of the view that one should remain invested in Maruti Udyog at current levels at least for the next few months.
Mehta told CNBC-TV18, “We have a vested interest in Maruti Udyog. We have an investment in the stock and have been recommending to clients. The Finance minister has indicated that perhaps the four wheelers especially the small car manufacturers may get an excise duty cut. So that’s the reason, we are seeing so much of build up in the stock. It’s growing at about 25-30%. In my opinion, one should remain invested in the stock at these levels at least for the next few months.”
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