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'Buy' Maruti Suzuki Maintains HDFC Securities, Says Launches, Exports To Drive The Structural Story
HDFC Securities values Maruti Suzuki at 24 times FY27 EPS for a target price of Rs 14,839 and maintain a Buy rating.
10 Mar 2025, 09:03 AM IST 
The brokerage expects Maruti Suzuki to partially gain back market share on the back of its aggressive new model launch plan, benefit from a partial rebound of the small car market when it happen.
(Photographer: Vijay Sartape/NDTV Profit)
The brokerage expects Maruti Suzuki to partially gain back market share on the back of its aggressive new model launch plan, benefit from a partial rebound of the small car market when it happens (we are optimistic of it partially rebounding from FY27), and benefit from any shift in powertrain trend to hybrids (like it is happening globally).
