Motilal Oswal: Maruti Suzuki - Cautious Optimism On Demand Outlook  
Motorcyclists ride past a Maruti Suzuki India Ltd. showroom in Chennai. (Photographer: Dhiraj Singh/Bloomberg)

Motilal Oswal: Maruti Suzuki - Cautious Optimism On Demand Outlook  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We met the management of Maruti Suzuki India Ltd. to get an update on the evolving demand scenario, supply-side issues, cost headwinds, etc.

The management is cautiously optimistic about demand. However, cost headwinds are material and the company is looking to dilute it through lower discounts, operating leverage, and price rises.

Festive season (32 days) was strong, with some models sold out. Growth was good across the industry. There is optimism at this point due to strong festive sales and good momentum post that.

Click on the attachment to read the full report:

Motilal Oswal Maruti Suzuki Company Update.pdf


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