MARUTI CMP 12443. ENTRY PRICE 12306, TARGET 12744, SL BELOW 12080.

MARUTI CMP 12443. ENTRY PRICE 12306, TARGET 12744, SL BELOW 12080.

The stock price of India’s largest car manufacturer tumbled to Rs.12452 from 12744 in just 1 day because of company is cutting down the production og E-vitara an EV version of its premium selling model Grand Vitara. The stock has a good support at around 12100 and the entry level should be around Rs.12300 with a potential upside of nearly 450 rupees to re-test the level of Rs.12735.

Brokerages like Citi and Motilal Oswal have maintained positive outlooks on Maruti Suzuki, with target prices ranging from ₹13,500 to ₹14,942, citing strong product mix and market share gains.

In FY25, Maruti Suzuki transported a record 5.18 lakh vehicles via Indian Railways, marking its highest annual dispatch through rail to date. This initiative underscores the company's commitment to reducing carbon emissions..

Maruti Suzuki India Limited is India's largest automobile manufacturer, renowned for its extensive lineup of affordable and fuel-efficient vehicles. Established in 1981 as a joint venture between the Indian government and Suzuki Motor Corporation, it has since evolved into a fully owned subsidiary of Suzuki, holding a dominant position in the Indian automotive market.

The company plans to introduce six electric vehicles by FY30, with the first two launching by FY25. Expanding its portfolio to include hybrid and CNG-powered vehicles to cater to diverse consumer needs. The company also investing in infrastructure to convert methane-rich cow dung into biogas, providing affordable and clean fuel for rural areas.

Maruti Suzuki holds a 41% market share in the Indian passenger car segment. The company aims to double its annual production to 4 million vehicles by 2030, with a significant focus on exports and penetrating rural markets. Suzuki Motor Corporation plans to invest ¥1.2 trillion ($8.5 billion) in Maruti Suzuki's Indian operations over the next five years to support this growth.