India's Maruti Suzuki rises as analysts expect strong Q2 sales

By Reuters News04:47 (UTC), 27 October 2026 Updated

** Shares of Maruti Suzuki India MRTI.NS rise 1.58% to 11,397 rupees ahead of second quarter results

** Analysts, on an average, expect co's Q2 standalone profit to rise 5.72% year-on-year to 31.05 billion rupees ($326.21 million)-- LSEG-compiled data

** On an average, analysts expect co's revenue to rise 27.3% y/y to 535.82 billion rupees-- data compiled by LSEG

** Brokerages expect strong vehicle demand and higher sales to support Q2 revenue growth, but warn that rising raw material costs and a weaker product mix could weigh on margins

** Prabhudas Lilladher ("accumulate", TP:13,150 rupees) says demand for small cars and SUVs remains strong, but expects Q2 EBITDA margin to fall 370 bps y/y on higher raw material costs and weaker product mix

** MRTI rated "buy" on average by 37 analysts, median PT at 15,680 rupees--data compiled by LSEG

** YTD stock down 32.53%

($1 = 95.1850 Indian rupees)