Maruti falls 1% after Q1 disappointment but foreign brokerages stay bullish on the stock

Epic Update Maruti Suzuki India
Epic Update Maruti Suzuki India

On Friday, the stock fell 0.86% to hit a low of Rs 9,315 on BSE after falling 4% in the previous session. Foreign brokerages Nomura India, Citi and Goldman Sachs have maintained a buy rating on the stock with targets of 10,763, Rs 10,700 and Rs 11,041, respectively. Macquarie has an outperform rating on the scrip with a target of Rs 11,500.

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