20 Aug 2026 | 5 Mins Read
Nomura: Maruti Suzuki requires further price hikes to safeguard margins
Flipitmoney
Maruti Suzuki raised prices by around 0.5% across models from August 18, following a 0.4% hike in June, totaling a 0.9% increase in FY27 despite higher cost pressures. Hyundai Motor will also hike prices by up to 1% in September 2026. Nomura maintains Maruti's target price at Rs 14,071, warning of potential market-share risks from rising EV adoption.