Kedia warns Maruti could fall 20%; Goldman Sachs targets ₹19,000

• Sushil Kedia warns Maruti Suzuki stock could fall 20% to ₹13,000 if futures drop below ₹16,000.
• Goldman Sachs maintains a 'Buy' rating on Maruti with a target price of ₹19,000, citing improving demand and a favorable product cycle.
• Maruti reported strong November sales: 2.29 lakh total units (exceeding estimates), 1.83 lakh domestic (up 19.7% YoY), and 46,057 exports (up 61% YoY).
• Goldman Sachs expects new launches and post-GST price adjustments to boost volumes and convert two-wheeler buyers.
• 41 out of 48 analysts recommend 'Buy' for Maruti Suzuki India; the stock is up 44% in 2025.

Why It Matters: Maruti Suzuki India's stock outlook could affect your investment decisions.