Maruti Suzuki share price may go up – Opinion of stock market experts
Production of Maruti Suzuki has recently started with the upgrade of major models and it is on the threshold of launching new models. The return of the product life cycle will increase the market share recovery.
Strong demand, improved supply and stable prices of goods will improve the EBIT margin for Maruti. The recent fall in commodity prices and the movement between favorable Japanese currency and Indian currency could lead to an upgrade in margins.
The stock traded at 52-week highs on February 10, 2022 and March 8, 2022, respectively. 9,022.00 and a 52-week low of Rs. 6,540.00.
As per experts view Maruti’s share will go upto Rs. 10,000 / – in coming 12 to 15 months
Maruti Suzuki has a market capitalization of Rs 238,643.25 crore
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