BofA Securities upgrades Maruti Suzuki’s stock rating
Thu, Jan 16, 2025 3:12 PM

BofA Securities upgrades Maruti Suzuki’s stock rating

A Flip by Swapnil Tiwari
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Maruti Suzuki's shares rose over 5% in three consecutive sessions after BofA Securities upgraded the stock's rating to 'Buy' and raised the target price to ₹14,000, implying a 16% potential upside, citing growth drivers like new utility vehicle launches and a strong foray into the electric vehicle market.

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