Brokerages mixed on Maruti Suzuki after Q1 results

Brokerages mixed on Maruti Suzuki after Q1 results

Mumbai: Brokerages have a mixed view on Maruti Suzuki India after the car maker reported a net loss of Rs 249.4 crore for the June quarter-its first loss in 17 years. Antique, CLSA, and Kotak Institutional Equities maintained sell rating on Maruti, while Investec downgraded the stock to sell. Nomura has maintained hold recommendation. Emkay … Read more