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Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high. While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong earnings growth to support the stock.
Maruti Suzuki shares decline over 2% after Q1. Morgan Stanley, Motilal Oswal decode the road ahead
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Market Sentiment
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Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high. While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong earnings growth to support the stock.
Key Highlights
Maruti Suzuki shares fell over 2% after the automaker reported an 11% YoY decline in June-quarter standalone net profit, even as revenue rose 36% and sales volumes hit a record high.
While Nomura retained a Neutral rating citing margin risks, Motilal Oswal reiterated its Buy call, expecting market share gains, easing input costs and strong earnings growth to support the stock..
Source
Economic Times
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
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