Last Updated Last Updated : January 29, 2021 / 09:58 AM IST | Source: Moneycontrol.com

Maruti: Raw material poses challenge, valuation premium warrants patience

The performance vectors for Maruti continue to improve post the pandemic-related disruption. Though the quarter under review recorded double-digit volume and revenue growth on a year-on-year (YoY) basis, the benefit of operating leverage could not percolate down to operating margins because of an adverse product mix and a rise in raw material prices.

Nitin Agrawal

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