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HomeNewsMarketingBuy Maruti Suzuki India, target price Rs 15160: Motilal Oswal

Buy Maruti Suzuki India, target price Rs 15160: Motilal Oswal

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Motilal Oswal has buy call on Maruti Suzuki India Ltd. with a target price of Rs 15160. The current market price of Maruti Suzuki India is Rs 12398.9.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 388522.98 Crore) operating in Auto sector.

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Spare Parts & Components, Service Income, Scrap, Other Operating Revenue, Rental Income for the year ending 31-Mar-2023. Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 36839.90 Crore, down -7.10 % from last quarter Total Income of Rs 39654.80 Crore and up 10.57 % from last year same quarter Total Income of Rs 33316.90 Crore. Company reported net profit after tax of Rs 3702.10 Crore in latest quarter. Promoter/FII Holdings
Promoters held 58.19 per cent stake in the company as of 30-Jun-2024, while FIIs owned 18.98 per cent, DIIs 19.33 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

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