Maruti Suzuki Share Price is in the news today. The company reported a positive growth in sales for the month of September. Should you buy, hold, or sell these shares? Let’s take a look at the company’s financials, recent news, target price suggestions, and recommendations.
Maruti Suzuki Share Price in The Market Today
As of today, the Maruti Suzuki Share Price is at Rs 15.892. That is 0.45% down already. The current UC limit is at Rs 17,561 and the LC limit is at Rs 14.369. The total market capitalization of the company stands around Rs 499,617 crores.
Company Financials
Maruti Suzuki has reported its first quarter financial results already. It shows total income has increased by 7.90% to Rs 38605.20 crores. Profit after tax also spiked 0.87% to Rs 3792.40 crores. But operating profits were down by 20.29% to Rs 3066.60 crores. Even operating margins were dropped by 26.13%. All these figures are calculated on a YoY basis.
Recent News About Maruti Suzuki
- Maruti Suzuki reported a 3% YoY growth in total sales for the month of September. Last month, Maruti sold 189665 units compared to 184727 units during the month of september last year. Also, exports are up by 52% on a YoY basis to 42204 units.
- The company has announced 90 billion rupee investment for EV development and expansion of its plant to produce 70000 EVs in 2025-26, focusing on the e-Vitara model.
Maruti Suzuki Share Target Price
As one of the most popular four-wheeler makers in India, Maruti Suzuki shares have multiple target price suggestions by various institutions and analysts. Mirae Asset Sharekhan has a bullish target suggestion of Rs 18400. However, Consensus analysts suggest a target of Rs 15795.95 by the end of 2025.
Recommendation on Buy or Sell
According to the moneycontrol website, 70% of the analysts suggest buying Maruti Suzuki Shares. The remaining 8% suggest holding, and 3% suggest selling. On the other hand, Consensus analysts suggest buying these shares.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
