scorecardresearchMaruti Suzuki outperforms Nifty50, Nifty Auto index but you should sell the stock; 3 brokerages explain why

Maruti Suzuki outperforms Nifty50, Nifty Auto index but you should sell the stock; 3 brokerages explain why

Updated: 22 Apr 2022, 07:54 AM IST
TL;DR.
  • Shares of Maruti have risen 3 percent in the current calendar year so far against a one percent fall in Nifty Auto and benchmark Nifty50.
Brokerage firm Axis Capital has a sell call on Maruti with a reduced target price of  <span class='webrupee'>₹</span>6,700 from  <span class='webrupee'>₹</span>6,900 earlier. REUTERS/Anindito Mukherjee

Brokerage firm Axis Capital has a sell call on Maruti with a reduced target price of 6,700 from 6,900 earlier. REUTERS/Anindito Mukherjee