Buy Maruti Suzuki, price target Rs 6,600: Kunal Bothra

Kunal Bothra has a buy call on Maruti Suzuki India Ltd. with a target price of Rs 6600.0 . The current price of Maruti Suzuki India Ltd. is Rs 6139.95 . Kunal Bothra recommended to keep a stoploss at Rs 6075 .

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 187167.29 Crore) operating in Auto sector.

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles which contributed Rs 74771.50 Crore to Sales Value (86.92 % of Total Sales), Spare Parts & Components which contributed Rs 8229.50 Crore to Sales Value (9.56 % of Total Sales), Other Operating Revenue which contributed Rs 1356.40 Crore to Sales Value (1.57 % of Total Sales), Service Income which contributed Rs 1033.20 Crore to Sales Value (1.20 % of Total Sales), Scrap which contributed Rs 570.50 Crore to Sales Value (0.66 % of Total Sales), Rental Income which contributed Rs 33.70 Crore to Sales Value (0.03 % of Total Sales) and Mould & Dies which contributed Rs 25.50 Crore to Sales Value (0.02 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 19655.50 Crore, up 21.91 % from last quarter Sales of Rs 16123.20 Crore and up 3.83 % from last year same quarter Sales of Rs 18930.70 Crore Company has reported net profit after tax of Rs 1568.70 Crore in latest quarter.