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Hold Maruti Suzuki, target of Rs 600: KRChoksey.


Date: 27-11-2008
Subject: Hold Maruti Suzuki, target of Rs 600: KRChoksey

KRChoksey Research has maintained its hold rating on Maruti Suzuki India with a target price of Rs 600 in its November 26, 2008 research report. "Maruti has launched A-star recently which they expect to sell 50,000 in domestic market and 100,000 units in export front. They are negotiating with Nissan to sell 50,000 units in European markets. We maintain a Hold on the stock with a target price of Rs 600," says KRChoksey's research report.

Source : Moneycontrol.com



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