Maruti Suzuki shares in focus as HSBC raises price target: Inside details & more related news here

Maruti Suzuki shares will be in focus heading into trading on Tuesday after HSBC has issued a target price hike on the counter, citing strong demand outlook and return of market share to normalized levels.

With the Q3FY26 earnings season just around the corner, HSBC, in its latest report, noted that now is the time to drive profitability as the company’s market share has returned to a normal level of 40%.

Maruti Suzuki will also benefit from an overall demand outlook that remains buoyant, especially after the GST rationalization exercise that helped bring down auto prices.

HSBC, therefore, believes that the stars are aligned for Maruti Suzuki and keeping this in mind, the company’s third and fourth quarter margins could prove critical.