Sensex Today | Stock Market Live: Nifty above 23,900, Sensex up 300 pts; India VIX drops 5%
Nifty50 Today | Nomura keeps ‘neutral’ rating on Maruti Suzuki, target price at Rs 13,435
#1 Prices were raised by 0.4 percent, though further hikes may be needed
#2 A 300 bps cost increase could pressure margin in Q1FY27
#3 Additional price hikes may impact demand, especially in entry-level vehicles
#4 A key monitorable is discounts, which remain low due to lean inventory
#5 As inventory rises, discounts could increase.
#6 Company’s inventory is estimated to have increased from 12 Days in March FY26 to 24 days in May FY26
Maruti Suzuki India was quoting at Rs 13,837.00, up Rs 31.75, or 0.23 percent.
It has touched an intraday high of Rs 13,871.40 and an intraday low of Rs 13,740.00.
It was trading with volumes of 4,006 shares, compared to its five day average of 32,799 shares, a decrease of -87.79 percent.
