Hold Maruti Suzuki India: Sudarshan Sukhani

Aug 14, 2013, 02.00 PM IST

Sudarshan Sukhani of s2analytics.com recommends holding Maruti Suzuki India. It is one of the better stocks in this blue chip universe, he adds.

Like this story, share it with millions of investors on M3

Sudarshan Sukhani of s2analytics.com recommends holding Maruti Suzuki India. It is one of the better stocks in this blue chip universe, he adds.

Like this story, share it with millions of investors on M3

Hold Maruti Suzuki India: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com recommends holding Maruti Suzuki India. It is one of the better stocks in this blue chip universe, he adds.

. Share . Email . Print . A+A-

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "It is difficult to say if one will make money or not in Maruti Suzuki India , but the recommendation is still to hold on. Maruti is one of the better stocks in this blue chip universe. So whether one buys Maruti or HDFC Bank it is going to be the same thing."

"This market is in some kind of a downtrend. The chances are even Maruti will go lower, but then one has to accept that as part of an ongoing correction. I do not know if one will get the same price after one year, but in the next 2-3 years, with a slightly longer time horizon, one will make money," he said.

Maruti Suzuki India touched its 52-week high Rs 1,773.45 and 52-week low Rs 1,166.00 on 20 May, 2013 and 03 September, 2012, respectively. Currently, it is trading 20.73 percent below its 52-week high and 20.57 percent above its 52-week low. Market capitalisation stands at Rs 42,469.44 crore.

Bergaya Sehat