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Last Updated : Apr 25, 2011 04:23 PM IST | Source: CNBC-TV18

May revise price target upwards for Maruti, says IIFL

In an interview with CNBC-TV18, Prayesh Jain of IIFL, gave his views on the auto maker Maruti’s fourth quarter performance and his outlook on the stocks.


In an interview with CNBC-TV18, Prayesh Jain of IIFL, gave his views on the auto maker Maruti's fourth quarter performance and his outlook on the stocks.


Below is a verbatim transcript of the interview. Also watch the video.


Q: What is the initial reaction for the numbers?

A: The numbers are looking bigger than our expectations. The top-line was very much in line with our expectations. It is to be seen whether operating margins have come out better than our estimates. Overall, it

First Published on Apr 25, 2011 03:58 pm
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