Dhiraj Agarwal of Standard Chartered Securities told CNBC-TV18, "We like Maruti Suzuki a lot which is our preferred pick at this point in time but again in the auto space because of the diversity of the sector at this point it is more of a stock specific call rather than a sector call."
At 10:50 hrs Maruti Suzuki India was quoting at Rs 1,605.85, up Rs 92.85, or 6.14 percent.
The share touched its 52-week high Rs 1,773.45 and 52-week low Rs 1,253.00 on 20 May, 2013 and 28 August, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 79.22 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 20.27. The latest book value of the company is Rs 615.03 per share. At current value, the price-to-book value of the company was 2.61. The dividend yield of the company was 0.5 percent.
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