Chakri Lokapriya discusses earnings upgrades in infra, auto, metals. Maruti s EV models offer growth potential. TCS projects higher growth than Infosys. Wipro faces challenges with new CEO. The approach to automobiles sector is not only betting on things which do not only make products for EVs, but for both types of automobiles.
Maruti is likely to report a record high EBITDA of Rs 76,000 crore per vehicle given a richer product mix and volume growth. The earnings per share (EPS) is expected to increase to Rs 420 in FY24 compared with Rs 266 in the previous fiscal year.
“Despite the market s corrective phase, sectors like automobiles and real estate have maintained a bullish trajectory. The auto and real estate spaces appear promising even now.”
The decision was taken in a meeting held today. MSIL will pay for 100% equity of Suzuki Motor Corporation by alloting approximately 12.32 crore equity shares of the company at a price of Rs 10,420.85 per equity share, on a preferential basis, the filing said.
Maruti Suzuki India Ltd Share price NSE, BSE today: check share/stock price of MARUTI, get live NSE/BSE stock price of Maruti Suzuki India Ltd with financial reports, peer comparisons, stock performance, about company, shareholding pattern, SWOT analysis on Business Today.