CLSA downgrades Maruti as SUV market share falls

CLSA has downgraded its rating on Maruti Suzuki India to 'sell' from 'underperform' and lowered target price to ₹6,420 from ₹ 6,550 as the automaker has been consistently losing market share in the fast growing and most profitable sports utility vehicle (SUV) segment.

via Economictimes

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