30 Sep 2025 | 3 Mins Read
Mirae Asset Sharekhan recommends buying Maruti Suzuki India
Flipitmoney
Research firm Mirae Asset Sharekhan forecasts a 15% CAGR earnings growth for Maruti Suzuki India from FY2025 to FY2028, driven by 14% revenue growth and 90-bps EBITDA margin expansion. A Buy rating with a revised PT of Rs. 18,400 is maintained, citing GST rate cuts, festive demand, and new launches as key drivers.