Buy Maruti Suzuki India, target Rs 9,850: Shrikant Chouhan

Buy Maruti Suzuki India Ltd. at a price target of Rs 9850.0 and a stop loss at Rs 9500 from entry point.

Shrikant Chouhan of Kotak Securities Limited has a buy call on Maruti Suzuki India with a target price of Rs 9,850.

The current market price of Maruti Suzuki India is Rs 9,634.50.

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 9,500.

Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 2,91,039.03 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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