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Last Updated : Mar 11, 2014 04:39 PM IST | Source: CNBC-TV18

Prefer Maruti Suzuki on correction: Amit Dalal

Amit Dalal, ED at Tata Investment Corporation is of the view that one may prefer Maruti Suzuki India on correction.

Amit Dalal, ED at Tata Investment Corporation told CNBC-TV18, "The concern on Maruti Suzuki India as we all know is related to corporate governance and their decision to setup that plant separate from the domestic company. Otherwise it is leadership is unabated in the middle to small car segment in India.”

“In terms of their business plan and their expectations of growth in cars for the next one or two years or even next three or four years is very strong. You could always play it as a great call on falling interest rates and perhaps a lower inflation going 24 months ahead. So, as an investment option at any correction in Maruti is a good buy but the corporate governance issue is a dampener,” he added.

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First Published on Mar 11, 2014 04:36 pm
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