SP Tulsian of SP Tulsian.com told CNBC-TV18, "I will advise to remain invested in Maruti Suzuki India. I don’t think that one should go by the quarterly numbers every time because we have been hearing the news of Suzuki contemplating to increase their stake in the company maybe to 75 percent. If that doesn’t happen in the near-term, it is surely going to happen maybe in this next three-four months and again we will see some kind of news coming in."
"Apart from that, even I am positive on the Q3 numbers as well because there maybe some shrinkage in the margin but overall the bottomline is likely to be better, topline is going to show the growth. We are seeing some kind of lull passing through the passenger vehicle segments but Maruti is the leader in that segment. If one wishes to go for the profit booking, Rs 1,800 and above could be the level where he/she can again review the investment," he added.
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