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What could SUV Jimny's launch do for Maruti Suzuki shares? Analysts' take
What could SUV Jimny's launch do for Maruti Suzuki shares? Analysts' take
Maruti Suzuki India's addition of Jimny to its fleet and a blitzkrieg of EV model launches could see its stock become a multibagger in the next four to five years, says Vinit Bolinjkar, Head of Research at Ventura Securities. Maruti Suzuki launched Jimny and plans to release more models during the next year, with Bolinjkar predicting a 50% upside in Maruti stocks over the next two years, becoming a multibagger in the following four to five years. Analysts are unsure how the Jimny product launch will fare and see competition as fierce, with the EV market being a key arena for Maruti to improve its performance.
Maruti Suzuki India's addition of Jimny to its fleet and a blitzkrieg of EV model launches could see its stock become a multibagger in the next four to five years, says Vinit Bolinjkar, Head of Research at Ventura Securities. Maruti Suzuki launched Jimny and plans to release more models during the next year, with Bolinjkar predicting a 50% upside in Maruti stocks over the next two years, becoming a multibagger in the following four to five years. Analysts are unsure how the Jimny product launch will fare and see competition as fierce, with the EV market being a key arena for Maruti to improve its performance.
Maruti Suzuki India's addition of Jimny to its fleet and a blitzkrieg of EV model launches could see its stock become a multibagger in the next four to five years, says Vinit Bolinjkar, Head of Research at Ventura Securities. Maruti Suzuki launched Jimny and plans to release more models during the next year, with Bolinjkar predicting a 50% upside in Maruti stocks over the next two years, becoming a multibagger in the following four to five years. Analysts are unsure how the Jimny product launch will fare and see competition as fierce, with the EV market being a key arena for Maruti to improve its performance. 
