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Exane BNP Paribas Sticks to Their Buy Rating for Maruti Suzuki India Limited (MARUTI)

Exane BNP Paribas Sticks to Their Buy Rating for Maruti Suzuki India Limited (MARUTI)

Exane BNP Paribas analyst Kumar Rakesh maintained a Buy rating on Maruti Suzuki India Limited (MARUTI – Research Report) yesterday and set a price target of INR15,775.00. The company's shares closed yesterday at INR12,642.00.
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Rakesh covers the Technology sector, focusing on stocks such as HCL Technologies Limited, Infosys Limited, and LTIMindtree Limited. According to TipRanks, Rakesh has an average return of 0.2% and a 41.67% success rate on recommended stocks.
Currently, the analyst consensus on Maruti Suzuki India Limited is a Moderate Buy with an average price target of INR14,209.48, implying a 12.40% upside from current levels. In a report released on June 20, Macquarie also maintained a Buy rating on the stock with a INR13,682.00 price target.
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