Add Maruti Suzuki India, target price Rs 9258: HDFC Securities

Add Maruti Suzuki India, target price Rs 9258: HDFC Securities
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Synopsis

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 260539.52 Crore) operating in Auto sector.

Promoters held 56.37 per cent stake in the company as of 30-Jun-2022, while FIIs owned 21.89 per cent, DIIs 18.0 per cent.
Securities has add call on with a target price of Rs 9258. The current market price of Maruti Suzuki India is Rs 8662.1.

., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 260539.52 Crore) operating in Auto sector.

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Other Operating Revenue, Service Income, Scrap, Mould & Dies and Rental Income for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 26592.70 Crore, down -2.20 % from last quarter Total Income of Rs 27191.90 Crore and up 45.44 % from last year same quarter Total Income of Rs 18284.30 Crore. Company reported net profit after tax of Rs 1005.40 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 56.37 per cent stake in the company as of 30-Jun-2022, while FIIs owned 21.89 per cent, DIIs 18.0 per cent.
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