Business News›Markets›Stocks›News›Fundamental Radar: Maruti Suzuki to see 18% revenue CAGR; Sneha Poddar explains how
Fundamental Radar: Maruti Suzuki to see 18% revenue CAGR; Sneha Poddar explains how
Synopsis
Maruti Suzuki India is aiming to achieve a leadership position in the SUV segment by the end of the current financial year. The company is also focusing on the electric vehicle segment and plans to have six EV models that would contribute 15-20% to total sales by FY31. Motilal Oswal Securities has a bullish outlook on Maruti Suzuki and has a "buy" rating on the stock.
MUMBAI - Amid the growing preference for sports utility vehicles among customers, Maruti Suzuki India has reinforced its portfolio with the launch of two more models. The country’s largest automobile manufacturer aims to achieve a leadership position in the SUV segment by the end of the current financial year. The festive season is also looking bright and automakers are increasing output to meet the growing demand. Besides, Maruti Suzuki is
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