Should you buy, sell or hold Maruti Suzuki shares post Q1 earnings?

Should you buy, sell or hold Maruti Suzuki shares post Q1 earnings?

Even as Maruti Suzuki India (MSIL) set its foot on the gas pedal with a two-fold year-on-year jump in its net profit, the EBITDA miss acted as an unwanted speed breaker, inviting a ‘Sell’ recommendation from CLSA. The stock on Tuesday fell by 1.4% on NSE to the day’s low of Rs 9,680.50 and was … Read more

Should you buy, sell or hold Maruti Suzuki after Q1 results?

Should you buy, sell or hold Maruti Suzuki after Q1 results?

New Delhi: Brokerage firms remain mixed on the country’s largest automaker following its June quarter earnings announcement. Maruti Suzuki reported a 129.76 per cent year-on-year (YoY) surge in net profit to Rs 1,012.80 crore in the June quarter compared with Rs 440.80 crore in the same quarter last year. Sales volume for the quarter stood … Read more