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Business Standard

Healthy order book, launches to help Maruti take the growth wheel

Market share, margin recovery remain key triggers for the stock, say brokerages

Topics
Maruti Suzuki | automobile manufacturer | stock market trading

Ram Prasad Sahu  |  Mumbai 

Maruti Suzuki
While a healthy order book (currently at 380,000 units) and launches will keep volume growth resilient in the near term, some brokerages have a ‘sell’ rating, given market-share loss, profitability concerns, and absence of valuation comfort

August sales growth at 26 per cent for the country’s largest passenger vehicle (PV) maker - Maruti Suzuki India (MSIL) - was marginally lower than Street estimates. Fewer production days and an ongoing supply disruption led to sequential volume caving in 6 per cent.

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Read our full coverage on Maruti Suzuki

First Published: Mon, September 05 2022. 06:10 IST

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