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Maruti Suzuki remains a preferred pick despite note ban

New launches, easing capacity constraints, weakening yen lead to upward revision in estimates

Hamsini Karthik 

Maruti Suzuki’s December wholesale volumes were a bit below expectations, but the stock has gained 13 per cent over the last fortnight. Interest in its to-be launched Ignis, and brokerages increasing growth expectations— all go to support the gains.  Its premium urban compact crossover, Ignis, to be launched on January 13, is said to have a waiting period of 8-12 weeks. Given the success of Brezza and Baleno, analysts are confident that Ignis, too, will soar. Nevertheless, the waiting period for Brezza and Baleno continues to remain at 20-24 weeks, although ...

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Maruti Suzuki remains a preferred pick despite note ban

New launches, easing capacity constraints, weakening yen lead to upward revision in estimates

New launches, easing capacity constraints, weakening yen lead to upward revision in estimates Maruti Suzuki’s December wholesale volumes were a bit below expectations, but the stock has gained 13 per cent over the last fortnight. Interest in its to-be launched Ignis, and brokerages increasing growth expectations— all go to support the gains.  Its premium urban compact crossover, Ignis, to be launched on January 13, is said to have a waiting period of 8-12 weeks. Given the success of Brezza and Baleno, analysts are confident that Ignis, too, will soar. Nevertheless, the waiting period for Brezza and Baleno continues to remain at 20-24 weeks, although ... image
Business Standard
177 22

Maruti Suzuki remains a preferred pick despite note ban

New launches, easing capacity constraints, weakening yen lead to upward revision in estimates

Maruti Suzuki’s December wholesale volumes were a bit below expectations, but the stock has gained 13 per cent over the last fortnight. Interest in its to-be launched Ignis, and brokerages increasing growth expectations— all go to support the gains.  Its premium urban compact crossover, Ignis, to be launched on January 13, is said to have a waiting period of 8-12 weeks. Given the success of Brezza and Baleno, analysts are confident that Ignis, too, will soar. Nevertheless, the waiting period for Brezza and Baleno continues to remain at 20-24 weeks, although ...

image
Business Standard
177 22