INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on Maruti Suzuki India Ltd
with a target price of Rs 6900
The current market price of Maruti Suzuki India Ltd
is Rs 7314.1 Time period given by the analyst is Intra Day when Maruti Suzuki India Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 7500
Maruti Suzuki India Ltd., incorporated in 1981, is a largecap company with a market cap of Rs 220944.38 crore.
Maruti Suzuki India Ltd
key Products/Revenue Segments include Passenger Cars Light Duty Utility Vehicles which contributed Rs 73131.40 Crore to Sales Value (89.19
% of Total Sales), Spare Parts Components which contributed Rs 7180.30 Crore to Sales Value (8.75 % of Total Sales), Other Operating
Revenue which contributed Rs 625.60 Crore to Sales Value (0.76 % of Total Sales), Scrap which contributed Rs 498.60 Crore to Sales Value
(0.60 % of Total Sales), Service Income which contributed Rs 491.00 Crore to Sales Value (0.59 % of Total Sales), Rental Income which
contributed Rs 42.70 Crore to Sales Value (0.05 % of Total Sales) and Mould Dies which contributed Rs 24.80 Crore to Sales Value (0.03 % of
Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 21551.90 Crore, down -1.19 % from last quarter Sales of
Rs 21810.70 Crore and up .53 % from last year same quarter Sales of Rs 21438.10 Crore Company has reported net profit after tax of Rs
2240.40 Crore in latest quarter
P Singh, Mr.T Hasuike, Mr.T Suzuki, Ms.P Shroff, Ms.R S Karnad
Company has Deloitte Haskins Sells LLP as its auditoRs As on 30-09-2018, the company has a total of 302,080,060 shares outstanding.
