Nuvama maintains Buy on Maruti Suzuki post e vitara launch
- Posted on August 28, 2025
- By Financial Express
- 2 Views
Nuvama maintains Buy on Maruti Suzuki post e vitara launch
Nuvama Institutional Equities maintains a ‘Buy’ rating on Maruti Suzuki post launch of eVitara, with a target price of Rs 14,300. The company’s stock has hit a 52-week high of Rs 14,895. Maruti Suzuki’s SMG plant capacity is being expanded to 1 million with IoT 4.0 technology, making it profitable at the EBIT level.
