Maruti
Budget Impact: Big push for growth and disinvestment, says Prabhudas Lilladher
Tue, Feb 02, 2021
Prabhudas Lilladher said that 2021 Budget continued from where we left last year. Higher allocation for Infra push, social spending and healthcare are positive. No TDS on REIT and Invit and FDI in Insurance. A big Infra push with 26% higher capex. No major taxes on individuals and corporates have been positive. Fiscal deficit for FY21 at 9.5% has been higher and 6.8% for FY22.
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Maruti Share Price: Sharekhan says All is Well, retains buy rating with price target of Rs 9000
Wed, Jan 13, 2021
Sharekhan retains Buy rating on Maruti Suzuki with a revised price target of Rs 9000. Maruti Suzuki Limited is witnessing strong recovery in sales volumes and is likely to have flat yoy sales volume growth in FY2021E, despite a 36.6% yoy decline in first half of FY21. Sharekhan expects Q3 FY21 to be a strong quarter for Maruti, with earnings expected to grow 35% yoy at Rs 2112 cr, driven by 13.4% growth in revenue and 135 bps yoy at 11.5%. Demand in the passenger vehicle (PV) segment remains buoyant even after the festive season.
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Maruti Suzuki Share price: Driving on growth, says Sharekhan
Tue, Dec 08, 2020
Maruti Suzuki is witnessing strong recovery in sales volumes and is likely to have FY2021E-end growth flat on a yoy basis, despite a 36.6% yoy decline in H1 FY2021 due to COVID-19 pandemic. Channel check suggests that demand in the PV segment remains buoyant even after the festive season. Retail sales have registered strong growth of 17-18% yoy in the last 15 days of November 2020 post- festive sales. This is a strong number and underpins our positive view on the sector. Exports are also picking up, registering 29.7% yoy growth in November 2020.
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Markets end at record high today, Nifty closes above 13350 on healthy inflows by FII and hopes for a coronavirus vaccine
Mon, Dec 07, 2020
The Market breadth was in favour of bulls during the last hour, the advance-decline ratio was at 3:1. The Nifty continued with its positive momentum from last week. As a result the index steadily rose on December 7. The index has scaled above its daily upper Bollinger Band and is attempting to push the bands into an expansion phase. Once the bands start expansion, it will assist price action on the way up. On the higher side, the immediate hurdle zone is at 13380-13400. Overall, the index is expected to march towards 13700 in the short term. On the other hand, the support zone shifts higher to 13200-13250.
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Maruti Suzuki India (MARUTI): Slower pace of retracement sets stage for next leg of up move
Thu, Nov 19, 2020
Maruti Suzuki has led the charge, with robust retail offtake in May-September helping maintain retail market share at 50%. The industry wide move towards smaller cars suits Maruti given its dominance in the entry level segment. PV festive demand for Maruti has been healthy, as per reports. Recent growth momentum is cause for encouragement but volume sustainability post November would need to be monitored amid an element of channel restocking carried out in September.
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Market Guru Anil Singhvi reveals 3 factors that will keep Indian stock market strong and 2 triggers to watch
Mon, Nov 02, 2020
Zee Business Managing Editor and Market Guru Anil Singhvi today, while commenting on prospects of Indian markets vis a vis global ones, said that three things have boosted domestic markets - strong results for the September quarter, better GST Collections and strong sales figures in the festive s
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Maruti sales rises 4 percent and Mahindra faces fall
Wed, Jan 01, 2020
Maruti Suzuki India, the country's largest passenger vehicles manufacturer, sold 1.33 lakh units in December 2019 against 1.28 lakh units in the corresponding period of 2018. On the other hand, Mahindra has recorded a sales growth of 4 per cent in December 2019 selling 15,691 as compared to 15,091 units sold a year ago. #Mahindra #Maruti #CarsSale #Zee Business
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Maruti Suzuki sales hit speed-bump in April; Ciaz drops 45%
Wed, May 01, 2019
India's largest carmaker, Maruti Suzuki on Wednesday reported a 19.6 per cent decline in the sales of its passenger vehicles for April 2019. The carmaker sold 133,704 units of passenger vehicles in April 2019 against 164,978 units in the same month last year.
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Power Breakfast Major triggers that should matter for market today, April 25th, 2019
Thu, Apr 25, 2019
This segment of Zee Business gives you an outlook on how the market is expected to perform today. Also, know major triggers that should matter for the market today and stocks that are likely to outperform. Watch the full video to know more.
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Penalty case: Maruti Suzuki, Mahindra to Mercedes, here is what Delhi court has ordered carmakers to do
Wed, Apr 10, 2019
On August 25, 2014, the CCI had slapped a total penalty of Rs 2,545 crore on 14 car manufacturers, including Honda, Volkswagen and FIAT, in India after finding them guilty of violating trade norms in the spare parts and after-services market.
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We will be investing Rs 100-125 crores in next fiscal, says Arvind Kapur, Rico Auto
Wed, Mar 27, 2019
Arvind Kapur, Chairman and Managing Director, Rico Auto, speaks about the impact of a production cut by OEMs, concern related to demand and revenue target from aftermarket segment among others during an interview with Zee Business.
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