Kedia Warns Maruti Suzuki Could Plunge 20% Below ₹16,000

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CNBC Awaaz•09-12-2025, 14:57
Kedia Warns Maruti Suzuki Could Plunge 20% Below ₹16,000
- •Sushil Kedia warns Maruti Suzuki stock could drop 20% to ₹13,000 if futures close below ₹16,000.
- •Goldman Sachs issued a 'Buy' rating for Maruti, setting a target price of ₹19,000, citing improving small car demand and a strong product cycle.
- •Maruti expects 6% volume growth by FY27, driven by upcoming models like Victoris and eVitara.
- •Maruti's November sales increased 26% year-over-year to 2.29 lakh units, exceeding estimates.
- •Most analysts (41 out of 48) recommend 'Buy' for Maruti Suzuki, which has gained 44% in 2025.
Why It Matters: Conflicting expert views on Maruti Suzuki stock impact potential investments.
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