Get App


Associate Partners

Last Updated : Apr 26, 2019 05:29 PM IST | Source:

Hold Maruti Suzuki; target of Rs 7150: Sharekhan

Sharekhan recommended hold rating on Maruti Suzuki with a target price of Rs 7150 in its research report dated April 25, 2019.

Broker Research @moneycontrolcom
  • bselive
  • nselive
Todays L/H

Sharekhan's research report on Maruti Suzuki

Q4 results were a miss on the operating front as higher commodity, forex costs & discounts dented margins. Earnings growth expected to be flattish in FY2020 as subdued volumes and margin pressures to dent earnings. Operational headwinds will continue to persist. Maintain cautious view on the stock.


We retain Hold rating on Maruti Suzuki India Ltd (MSIL) with a revised PT of Rs7,150.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Get Lok Sabha 2019 Live Election Results, constituency-wise tally, news, views and analysis
Follow our Lok Sabha Election Result Live Blog here.
First Published on Apr 26, 2019 05:29 pm
More From
Follow us on
Available On
PCI DSS Compliant