Beyond EVs: Why Maruti Suzuki Thinks India Needs Its Own Green Mobility Path
Maruti Suzuki is in focus.
· NDTV Profit
At the India-Japan Summit, Maruti Suzuki CEO Hisashi Takeuchi said India's energy mix and farm economy make bio-CNG a key part of its green mobility transition.
The analysis
Against that, the stock is -1.6% on the day at ₹11,264.00, and has returned -19.3% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The auto sector has moved -4.1% over the same period, so Maruti Suzuki is running 15.2 points behind its peers.
For Maruti Suzuki, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is MARUTI.
- Sector exposure: Auto.
In this story
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