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Maruti Suzuki India Ltd sees good buying

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Capital Market
Last Updated : May 24 2019 | 1:34 PM IST

Maruti Suzuki India Ltd is quoting at Rs 7099.9, up 2.46% on the day as on 12:54 IST on the NSE. The stock is down 16.94% in last one year as compared to a 11.16% jump in NIFTY and a 22.7% jump in the Nifty Auto index.

Maruti Suzuki India Ltd is up for a third straight session today. The stock is quoting at Rs 7099.9, up 2.46% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.13% on the day, quoting at 11789.1. The Sensex is at 39247.54, up 1.12%. Maruti Suzuki India Ltd has gained around 2.82% in last one month.

Meanwhile, Nifty Auto index of which Maruti Suzuki India Ltd is a constituent, has gained around 2.05% in last one month and is currently quoting at 8216.9, up 2.38% on the day. The volume in the stock stood at 6.26 lakh shares today, compared to the daily average of 10.14 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 7125, up 2.52% on the day. Maruti Suzuki India Ltd is down 16.94% in last one year as compared to a 11.16% jump in NIFTY and a 22.7% jump in the Nifty Auto index.

The PE of the stock is 27.92 based on TTM earnings ending March 19.

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First Published: May 24 2019 | 1:06 PM IST

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