Key Highlight
Maruti Suzuki shares weakened on reports of falling market share, overshadowing analyst 'Buy' ratings and a ₹17,059 target.
Snapshot
Summary
The market is experiencing short-term weakness, trading below its 50-day and 200-day moving averages, but longer-term returns remain positive.
The company shows strong revenue growth but a decline in net profit and EPS quarter-over-quarter and year-over-year.
Analysts maintain a predominantly bullish sentiment with a stable distribution of ratings.
Promoter ownership is dominant, while institutional holdings saw a slight decrease driven by FII stake reduction.
Maruti Suzuki has opened bookings for the New Brezza and will hold a board meeting on July 31, 2026, to approve Q1 FY2027 financial results.
Recent news highlights include a decline in Maruti Suzuki's share price, a 'Buy' rating with a target price from Motilal Oswal, and a report on the company's falling market share due to the SUV trend.
Latest News
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- Which stocks did Ashish Kacholia, Mukul Agrawal, other ace investors sell in Q1?
- Maruti Suzuki India Shares Decline 2.09% Amidst Bearish Sentiment - Moneycontrol.com
- Buy Maruti Suzuki; target of Rs 17059: Motilal Oswal - Moneycontrol.com
- Maruti Suzuki's India market share falls to record low as SUVs reshape buyer demand - CNBC TV18
Price & Volume
The market experienced a decline of 2.06% in the last day and 1.29% over the past 5 days, indicating short-term weakness.
Despite recent declines, the market shows a slight positive return of 0.26% over the last month and 0.49% over the last 3 months.
The market is trading below its 50-day and 200-day moving averages, with distances of -0.71% and -3.05% respectively, suggesting a bearish trend.
Momentum indicators like RSI (46.08) are in the lower range, and the RSI percentile over the past year (32.33) indicates it's not overbought.
Volume analysis shows that the average daily volume over the last 20 days is slightly below the average over the last 50 days, and the current volume is 0.87 times the 20-day average.
Technicals
The market is showing signs of short-term weakness with negative daily and 5-day returns, and is trading below key moving averages (50-day and 200-day). However, the longer-term returns (1-month and 3-month) are still positive, suggesting a potential for recovery. Momentum indicators are not showing overbought conditions, and volume analysis indicates average trading activity. The market is currently within its 52-week range and has experienced a drawdown of approximately 21.77% from its recent peak, which is also its maximum drawdown over the past year. Valuation metrics such as P/E and P/B ratios are trading around their 6-month averages, with the P/E ratio slightly below its average and the P/B ratio also below its average, suggesting a neutral to slightly undervalued stance from a valuation perspective.
Fundamentals
Latest quarter revenue stood at ₹52,462 Cr, with net profit at ₹3,659 Cr and EPS at ₹116.38.
Quarter-over-quarter, revenue increased by 5.126%, while net profit and EPS saw a decrease of -5.672% and -5.674% respectively.
Year-over-year, revenue grew by 28.206%, but net profit and EPS declined by -6.443% and -6.447% respectively.
Profit before tax saw a marginal increase of 0.02% QoQ and remained flat YoY.
Events
Maruti Suzuki announced that bookings for the New Brezza are open, with a booking amount of ₹11,000. The company also intimated that a board meeting is scheduled for July 31, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Additionally, a newspaper publication notice was released.