Buy Maruti Suzuki, target price Rs 15,250: JM Financial

JM Financial sets a target price of Rs 15,250 for Maruti Suzuki India, currently priced at Rs 11,119.65. The company reported a consolidated total income of Rs 38,972.40 crore and a net profit of Rs 3,055.20 crore in the latest quarter. Maruti Suzuki's strengthened SUV presence and diverse technology approach are expected to drive growth, with strong ASP growth anticipated.