Maruti Suzuki price target raised to INR18,475 by Investec on demand outlook

Published 23/09/2025, 13:16
© Reuters.

Investing.com - Investec has raised its price target on Maruti Suzuki India Ltd (NSE:MSIL) to INR18,475.00 from INR13,980.00 while maintaining a Buy rating on the stock.

The significant price target increase reflects Investec’s view that Maruti is well positioned to benefit from an anticipated demand upturn driven by GST rate rationalization and monetary easing measures, particularly given the company’s strong presence in the price-sensitive small car segment.

Investec notes that Maruti’s recent launch of the Victoris model should strengthen the company’s position in the fast-growing mid-size SUV market, where it currently holds a modest share.

The research firm also highlights that the implementation of India’s 8th pay commission from 2026 should benefit Maruti, as approximately 15% of the company’s customer base consists of government employees.

Maruti’s export business is expected to remain robust, supported by healthy demand for SUV models such as the Fronx and Jimny, the ramp-up of E-Vitara production, and the company’s expanding presence across various international markets.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.