Enter Maruti Suzuki at around Rs 7500: Rajat Bose

Name: Enter Maruti Suzuki at around Rs 7500: Rajat Bose
Uploaded: 2017-10-03T15:23:19+05:30
Description: Rajat Bose of rajatkbose.com is of the view that one may enter Maruti Suzuki at around Rs 7500.

Rajat Bose of rajatkbose.com is of the view that one may enter Maruti Suzuki at around Rs 7500.

October 03, 2017 / 15:40 IST

Rajat Bose of rajatkbose.com told CNBC-TV18, "I personally feel that Maruti Suzuki is one of the most expensive automotive stocks in the world as of now at current prices, so I would not be buying until there is a substantial correction."

"It would be better thinking of entering into Maruti around Rs 7,500 and if one were to do that then put a stoploss below Rs 7,000; I am talking from a trading perspective," he added.

At 15:20 hrs Maruti Suzuki India was quoting at Rs 7,892.35, down Rs 80.80, or 1.01 percent on the BSE.

first published: Oct 3, 2017 03:23 pm

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