{"id":13094,"date":"2018-02-14T14:07:25","date_gmt":"2018-02-14T08:37:25","guid":{"rendered":"https:\/\/blog.fundsindia.com\/blog\/?p=13094"},"modified":"2018-02-20T19:38:56","modified_gmt":"2018-02-20T14:08:56","slug":"maruti-suzuki-india-ltd-2","status":"publish","type":"post","link":"https:\/\/fundsindia.com\/blog\/equities\/maruti-suzuki-india-ltd-2\/13094","title":{"rendered":"Maruti Suzuki India Ltd"},"content":{"rendered":"<p><strong>Robust launch pipeline <\/strong><\/p>\n<p>Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, is India&#8217;s largest passenger car company, accounting for over 50% of the domestic car market.<\/p>\n<p><strong>Valuation:<\/strong> 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% &amp; 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.<\/p>\n<p><a href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/02\/Research-Report-Maruti-Suzuki-Ltd..pdf\">Research Report &#8211; Maruti Suzuki Ltd.<\/a><\/p>\n<p><i>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.\u00a0<a href=\"http:\/\/pages.fundsindia.com\/pages\/disclaimer-equities\/\">Click here<\/a>\u00a0to read our full disclaimer.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robust launch pipeline Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, is India&#8217;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 [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[59],"tags":[523],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maruti Suzuki India Ltd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/equities\/maruti-suzuki-india-ltd-2\/13094\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maruti Suzuki India Ltd\" \/>\n<meta property=\"og:description\" content=\"Robust launch pipeline Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, is India&#8217;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. 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