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Maruti Suzuki Shares Hit 52-Week Low Ahead Of Q1 Results

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Shares of Maruti Suzuki fell in Friday's intra-day just ahead of the Q1FY19 earnings of the auto major. The leading auto manufacturer amid sluggish auto outlook is likely to post a weak set of numbers later in the day.

On the BSE, the stock of Maruti touched an intra-day low of Rs 5685.15.

Maruti Suzuki Shares Hit 52-Week Low Ahead Of Q1 Results
 

As per Bloomberg's consensus estimate, the Indian arm of Suzuki is all set to report a decline in net profit by 32% to Rs. 1338.90 crore. Net sales are seen falling 12.57% to Rs 19,068.15 crore.

Also, its EBIDTA is expected to report a steepest decline of around 47%.

GoodReturns.in

Story first published: Friday, July 26, 2019, 11:19 [IST]
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