Analyst Corner: Maintain ‘sell’ on Maruti Suzuki; revise FV to Rs 5,200 https://ift.tt/eA8V8J

October 31, 2020 at 08:51AM
Ebitda was lower than our estimates because of lower ASPs and higher other expenses. Even as the volume growth outlook is quite strong for 3QFY21, we believe it is more due to pent-up demand and the strength may not sustain post December 2020.

from The Financial Express