Maruti Suzuki India (MSIL IN): Market Leadership Position in UV Segment Bodes Well
Maruti reported 15% YoY revenue growth in Q3FY24, driven by UV. UV domestic volume grew 60% YoY to 154K. UV leadership along with capex will give...
260 Views
Maruti Suzuki - Stellar Performance
Maruti Suzuki's Q2FY24 PAT at INR 37.2bn came in ahead of our estimates of INR 30.3bn, led by better-than-expected margins.
255 Views
Maruti Suzuki - Q1FY24 Reports Mixed Results
Maruti reported a mixed set of numbers for Q1FY24. Revenue (slight beat) grew by 22% YoY led by higher sales volumes (up 6% YoY) and higher ASP (up...
164 Views
Autos: Q4 preview - Premiumisation is the way to go
The premiumisation trend continues to remain in focus with UVs and premium 2Ws driving the growth. The entry-level 2W demand, which picked up in...
137 Views
Maruti Suzuki - Inline Q4, Higher ASPs to Drive Profitability, Maintain BUY
Maruti’s numbers stood largely inline with ours and the street's estimates. Revenue (inline) grew by 21%/11% YoY/QoQ, led by higher sales volumes...
270 Views