Robust launch pipeline
Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, is India’s largest passenger car company, accounting for over 50% of the domestic car market.
Valuation: Healthy launch pipeline, continued strong traction for recent launches and increasing share of premium products will aid Maruti in sustaining its market share. Hence, we expect sales and PAT CAGR of 15.9% & 17.3%, respectively over FY17-20E. We roll over our TP to FY20 and mantain BUY rating on the stock with a revised target price (TP) of Rs. 9,849 based on 25x FY20E EPS.
Research Report – Maruti Suzuki Ltd.
Investments in equity shares, debentures, etc., are not obligations of, or guaranteed by Wealth India Financial Services Pvt. Ltd., and are subject to investment risks. Click here to read our full disclaimer.
- Discontinuation of the Systematic Investment Plan (SIP) of the Designated Schemes of MOMF
- Change in Maximum Subscription Amount of Aditya Birla Sun Life Medium Term Plan
Wealth Conversations – December 2024
Are Arbitrage Funds right for you?- Introduction Of Daily, Weekly Frequency In Sip And Changes In Default Sip Date And Minimum Investment Amount For The Groww Mutual Funds
