Buy Maruti Suzuki India, target Rs 8,900: Shrikant Chouhan

Buy Maruti Suzuki India Ltd. at a price target of Rs 8900.0 and a stop loss at Rs 8650 from entry point.

Shrikant Chouhan of Kotak Securities has a buy call on Maruti Suzuki India with a target price of Rs 8900.

The current market price of Maruti Suzuki India is Rs 8724.80.

Time period given by the analyst is 'Intra Day' when Maruti Suzuki India price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 8,650.

Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,63,558.81 Crore) operating in Auto sector.

The company’s top management includes Mr.D S Brar, Mr.K Ayabe, Mr.K Ayukawa, Mr.K Saito, Mr.O Suzuki, Mr.R C Bhargava, Mr.R P Singh, Mr.Shigetoshi Torii, Mr.T Hasuike, Mr.T Suzuki, Ms.P Shroff, Ms.R S Karnad.
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Company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-12-2017, the company has a total of 302,080,060 shares outstanding.
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