Looking for a small sellHello,
Maruti Suzuki India Limited is an Indian automobile manufacturer, based in New Delhi. Founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker Suzuki Motor Corporation.
The Company will launch its 1st Battery Electric
Vehicle by 2025.Also key to note is that The Company is increasing the use of solar power in manufacturing of vehicles as an ESG measure.
Total revenue is projected to improve by 22% in 2022 but by looking at the world economic environment, this might not be easily achieved. I will be looking for a buy on this company from the bottom.
The financial statement reads "If commodity prices remain elevated for a fairly long time during
the year due to global uncertainties, it might have an impact on the Company’s volumes and margins. While increase in crude oil prices may affect overall demand sentiment."
Good luck
