03 Nov 2025 | 5 Mins Read
Maruti Suzuki drops 3% on Q2 results, Jefferies downgrades to 'Hold'
Flipitmoney
Maruti Suzuki shares dropped over 3% to Rs 15,676 after reporting a 7% YoY increase in standalone net profit to Rs 3,293 crore for Q2 FY26. Total revenue increased 13% to Rs 42,101 crore. Brokerages have mixed reviews, with some like HDFC Securities and Motilal Oswal maintaining 'Buy' ratings and Choice Institutional Equities reducing its call while raising the target price.