TSE:7269Auto
Suzuki Motor (TSE:7269) Is Down 7.0% After Maruti’s Small-Car-Led Revenue Surge - Has The Bull Case Changed?
In the most recent quarter, Maruti Suzuki, Suzuki Motor’s key Indian subsidiary, reported its strongest revenue increase in more than three years, powered by robust domestic demand and tax relief that lifted small-car sales.
An interesting wrinkle for investors is that Maruti Suzuki is expected to be only marginally affected by the India–EU auto trade deal, suggesting its core low-cost domestic franchise remains largely insulated from European import competition.
We’ll now examine how...