Recall to have knee-jerk reaction on Maruti stock: Ajay Parmar

ET Now spoke to Ajay Parmar, Head - Institutional Research, Emkay Global Financial Services about Maruti.

I want to bring you in on Maruti and them recalling a couple of diesel cars. Sentimentally would it be damaging for this stock?

Yes. On an immediate level, there would be a knee-jerk reaction but then after a couple of days, I do not see that there would be any big issue on this, so it is just going to be a knee-jerk reaction. If you have a good view on the Maruti, it is clearly a good chance to buy.