Maruti Suzuki Shares Soar to New High on Strong Q4 Expectations

Maruti Suzuki India shares reached an unprecedented high of Rs 13,000 on Monday, driven by optimistic forecasts for the company’s March quarter results. The automotive giant’s market capitalization surpassed 4.09 lakh crore. Leading analysts anticipate a 54.9% YoY increase in profit to Rs 4,064 crore, with revenue rising by 20.4% YoY to Rs 38,585 crore. Analysts attribute the surge in performance to a robust 19% YoY growth in the passenger vehicle segment and a stronger SUV and export sales mix.

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