Tired Of Bengaluru Traffic? Man's Rs 3 Lakh Car Hack Has The Internet Talking
Maruti Suzuki is in focus.
· NDTV Profit
A Bengaluru motorist buys a 2015 Maruti Suzuki Celerio for Rs 3 lakh to spare his Skoda Slavia from daily traffic damage, drawing praise online for his unconventional commuting solution.
The analysis
Maruti Suzuki reported Rs 3 Lakh. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.5% on the day at ₹11,230.00, and has returned -17.5% 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 -6.8% over the same period, so Maruti Suzuki is running 10.7 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.
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