Reality Check: Maruti Suzuki: Zooming ahead
The Maruti Suzuki stock touched ₹10,000 intra-day on December 20. After the note ban exercise resulted in some correction towards the end of 2016, the stock has been on a dream run this year, moving up 78 per cent since January 1, 2017. A richer product portfolio veering towards bigger cars such as the Vitara Brezza, S-Cross and Ciaz improved realisations. Uptick in both urban and rural demand a...
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