ET Intelligence Group: Maruti Suzuki is back on investor radar amid rising sales of high value cars and strong order book driven by new model launches. The stock has gained 16% over the past 12 months; of this, 7% gain is achieved over the past month.
Given that the country’s largest passenger car maker has been delivering better average selling price (ASP) per unit than the analysts’ estimates, it is expected to undergo an earnings upgrade. The
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