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Maruti Suzuki Q3 Results Review — E Vitara Price Point Key To Watch For; Yes Securities Maintains 'Buy'
Led by decent valuations comfort and risk reward turning favorable, the brokerage have maintained the Buy with revised target price of Rs 14,094 (vs Rs 13,485) valuing the stock at 24x Mar-27 EPS.
30 Jan 2025, 08:50 AM IST 
Maruti Suzuki India Ltd.’s Q3 FY25 results were steady and in-line as gross margins came in-line at 28.4%.
(Photographer: Vijay Sartape/NDTV Profit)
Maruti Suzuki margins to likely to expand to ~12.4% (versus ~12% in 9M FY25). This will be led by - favorable mix, moderate to stable raw material inflation and peak average discounts.
