Past 7K, Maruti Suzuki still has enough vroom to keep going

Strong product line & higher mix of premium vehicles will help improve margins & gain market share

Ram Prasad Sahu  |  Mumbai 

The Maruti Suzuki stock hit its all-time high of Rs 7,091 on Friday. Investors believe a strong response to new vehicle launches and robust product line, especially in the premium segment, will reflect in higher volumes and better profitability. Additionally, an expanding distribution network would help expand its already elevated market share. Given these advantages, the Street expects the stock, up 16 per cent over the past month, to stay at higher levels, as it sees further re-rating. Lack of investment opportunities in the automobile space as compared to Maruti also acts in ...

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Past 7K, Maruti Suzuki still has enough vroom to keep going

Strong product line & higher mix of premium vehicles will help improve margins & gain market share

Strong product line & higher mix of premium vehicles will help improve margins & gain market share The Maruti Suzuki stock hit its all-time high of Rs 7,091 on Friday. Investors believe a strong response to new vehicle launches and robust product line, especially in the premium segment, will reflect in higher volumes and better profitability. Additionally, an expanding distribution network would help expand its already elevated market share. Given these advantages, the Street expects the stock, up 16 per cent over the past month, to stay at higher levels, as it sees further re-rating. Lack of investment opportunities in the automobile space as compared to Maruti also acts in ... image
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