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Maruti Suzuki Share Price: Investors investing in the stock of the country’s largest car manufacturing company Maruti Suzuki can get strong returns in the coming days. Even if the stock has given lackluster returns and underperformed in the last 3-4 months. But IIFL believes that the stock is trading at a very attractive level and the risk-reward is favourable. In such a situation, the brokerage house has advised to buy the stock for a target of Rs 13800, which is currently trading at Rs 11,941.
IIFL has issued a coverage report on Maruti Suzuki shares. According to this report, Maruti Suzuki stock can go up to Rs 13800 with a jump of 17 percent from the price level of Rs 11745 on January 14, 2025. After this report of the brokerage house, a great rise is being seen in the stock on Wednesday, January 15 and the stock is trading at Rs 11992 with a rise of 2.14 percent from the previous closing level.
In the coverage report, IIFL said, the passenger vehicle industry is witnessing stability after retail growth and dealer inventory normalization after weak data in the recent quarter. Maruti Suzuki’s dealer inventory has come down to 9 days after a big decline in late December. According to the brokerage house, due to 4-5 percent retail growth in the financial year 2025-26, wholesale volume may see a growth of 7 percent.
According to the report, after being flat in the financial year 2024-25, the passenger vehicle industry may show a growth of 7-8 percent in 2025-26 and 2026-27. According to IIFL, if there is an increase in the sales of entry level cars in the passenger vehicle segment, then Maruti may see an increase in its market share. Maruti’s market share in the non-SUV segment is 65 percent while in the SUV segment it is only 25 percent. Although the company has maintained its share, Maruti’s market share has decreased due to the increased focus of the industry on SUVs. If buyers of entry level cars return, Maruti’s market share may increase.
If we look at the movement of Maruti Suzuki stock, the stock has given 10 percent return in 2025. Whereas the stock has given returns of 18 percent in one year, 41 percent in 2 years and 48 percent in 3 years. The stock has increased by 60 percent in 5 years.
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