BofA Sec upgrades Maruti, raises price target to Rs 8,650

The earnings revival will be led by volume uptick of 10 per cent each in FY21 and FY22, lower inventory levels and discounts and falling impact from BS6 as the company has already transitioned 60 per cent of vehicles, the brokerage said.

from Markets-Economic Times https://ift.tt/2PVSc2j