Maruti Suzuki India share price: Maruti Suzuki India shares may increase by up to 15% in future. Brokerage firm MK Global has increased the company’s shares rating from ‘Ed’ to ‘bye’. With this, the target price has been increased by 5.5 percent to Rs 13,500 per share. This is 15 percent higher than the closed price of stock on BSE on 27 March. The launch of new cars has historically promoted the sale of passenger vehicles. Maruti Suzuki’s launch cycle is expected to improve in FY 26.
Maruti Suzuki India shares are in red mark on March 28. The shares fell 3 percent a day to a low of Rs 11,400.10 due to the previous closed price on BSE. The market capitalization of the company is Rs 3.6 lakh crore. The stock has fallen by 15 percent in the last 6 months. Out of the 46 analysts covering Maruti Suzuki India Limited, 38 have rated the stock ‘buy’. While 5 recommended ‘Hold’ and 3 recommended ‘selling’.
Two ice SUVs are coming
Maruti Suzuki India plans to launch two major ICE SUVs. It also has a 5-seater car, which can be launched in September this year. Another 7-seater SUV is expected to be launched in January next year. The estimated joint production is 18,000–20,000 units per month, while MK is estimated to produce 12,000 units per month. In addition, the recently unveiled Vitara Electric SUV is also ready for launch.
MK says it coincides with early signals of improvement in sales of small cars. The sales of small cars in the country increased by 2 percent in December-January after a decline of three years. He further stated that Maruti Suzuki Air provides a ‘Risk-benefit’ proposal.
Cars will become expensive from 1 April
Maruti Suzuki announced on 17 March that it would increase the prices of its vehicles by up to 4 percent from 1 April 2025. This decision has been taken in view of increasing input cost and rising operating costs. This cost is affecting the profitability of the company. Earlier, the company also increased the prices of cars in January and February this year.
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