Moneycontrol
Oct 03, 2017 03:40 PM IST | Source: CNBC-TV18

Enter Maruti Suzuki at around Rs 7500: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that one may enter Maruti Suzuki at around Rs 7500.

Rajat Bose of rajatkbose.com told CNBC-TV18, "I personally feel that Maruti Suzuki is one of the most expensive automotive stocks in the world as of now at current prices, so I would not be buying until there is a substantial correction."

"It would be better thinking of entering into Maruti around Rs 7,500 and if one were to do that then put a stoploss below Rs 7,000; I am talking from a trading perspective," he added.

At 15:20 hrs Maruti Suzuki India was quoting at Rs 7,892.35, down Rs 80.80, or 1.01 percent on the BSE.

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