Maruti Suzuki has target of Rs 1325: Rajesh Jain

Maruti Suzuki has target of Rs 1325, says Rajesh Jain, Independent Market Strategist.

Jain told CNBC-TV18, "Maruti Suzuki has an intraday target of Rs 1325. I believe that RBI will eventually give only a 25 bps hike and that should a breather for interest rate sensitive helping Maruti achieve my intraday target."
The company's trailing 12-month (TTM) EPS was at Rs 79.22 per share. (Mar, 2011). The stock's price-to-earnings (P/E) ratio was 16.30. The latest book value of the company is Rs 488.86 per share. At current value, the price-to-book value of the company was 2.64. The dividend yield of the company was 0.46%.