Maruti Suzuki India Ltd left no stones unturned when it reported results for the quarter ended September. When the stock broke out and started hitting fresh record highs many questioned the sudden up move and will it be able to hold onto premium valuations.
But, September quarter results send a loud message that Maruti Suzuki is in a fast lane and should be able to hold on to premium valuations. It posted a beat in net profit and EBITDA numbers while revenues missed estimates, not by a wide margin.
 

Maruti Suzuki India Ltd left no stones unturned when it reported results for the quarter ended September. When the stock broke out and started hitting fresh record highs many questioned the sudden up move and will it be able to hold onto premium valuations.
But, September quarter results send a loud message that Maruti Suzuki is in a fast lane and should be able to hold on to premium valuations. It posted a beat in net profit and EBITDA numbers while revenues missed estimates, not by a wide margin.