Buy Maruti Suzuki, target price Rs 8750: Emkay

Emkay Global Financial Services has a buy call on Maruti Suzuki India Ltd. with a target price of Rs 8750. The current price of Maruti Suzuki India Ltd. is Rs 7176.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large-Cap company (with a market cap of Rs 217494.62 Crore) operating in Auto sector.

Maruti Suzuki India Ltd. key Products/Revenue Segments include Passenger Cars & Light Duty Utility Vehicles, Mould & Dies, Other Operating Revenue, Service Income, Scrap, Rental Income for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 21056.50 Crore, up 15.16 per cent from last quarter Total Income of Rs 18284.30 Crore and up 8.83 per cent from last year same quarter Total Income of Rs 19347.90 Crore. Company has reported net profit after tax of Rs 460.00 Crore in latest quarter.