Brokerages hold mixed views on Maruti after its tepid Q1 show

Antique, Investec and Kotak Institutional Equities have maintained a sell rating while Nomura and Centrum have a neutral and reduce rating respectively, on the stock. HDFC Securities, Motilal Oswal, Emkay and Jefferies have buy ratings on the stock. Some brokerages have increased target price due to rolling forward of valuations.

via Economictimes

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