To buy Maruti Suzuki stock, you will need to have a demat and trading account with a solid brokerage firm like Motilal Oswal. Here are the steps you can follow:
The target price of Maruti Suzuki stock is typically based on the analysis of various factors, such as the company's financial performance, market trends, economic indicators, and other factors that can impact the stock price.
A report by Motilal Oswal Investment Services dated 27th January 2023 sets a target price of Rs. 10,500.
Maruti Suzuki is one of the leading automobile manufacturers in India and has a strong brand reputation.
The company has a strong distribution network, a diverse range of products, and a robust research and development team. The company has also been investing in electric vehicles, and this could potentially provide a significant growth opportunity in the future.
Maruti Suzuki net profit has gone from Rs.7494.9 crores in the year ending March 2019 to Rs. 3717.6 crores in the year ending March 2022.
Maruti Suzuki has a strong track record of financial performance, with consistent revenue growth and healthy profitability margins. The company has a robust balance which provides a strong foundation for growth and stability.
Further, the company has a strong brand reputation, a diversified product portfolio, and a wide distribution network, which have helped it to maintain its position in the industry over the years. Nonetheless, stock prices can change as they may be affected by various factors.
Below are some critical factors that can impact the stock price of Maruti Suzuki:
Maruti Suzuki is the largest automobile manufacturer in India and has a strong market position in the country. The company has a reputation for producing affordable and reliable cars, which have helped it maintain a dominant position in the Indian market.
Factors to consider when evaluating the potential of the stock as a long-term investment include: