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Maruti share price target in 2023, 2025 and 2030

February 3, 2023 By Mahak A Leave a Comment

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Maruti Suzuki is a leading automotive company in India and it is known for its wide range of passenger cars. Maruti Suzuki’s share price has seen a steady increase over the past few years, with the stock reaching new highs regularly. The company has consistently maintained its position of being one of the most valuable stocks on the Indian stock exchanges. Maruti Suzuki’s share price has been determined by a range of factors, including the company’s performance and financials, as well as market sentiment and macroeconomic conditions. The company has also seen an increase in demand for its vehicles due to increased disposable incomes and the need for transportation in rural areas. This has also helped the company to maintain its share price, even when there is a downturn in the markets. The company’s success and growth can be attributed to its focus on customer service and product quality, as well as its strong branding and marketing efforts. The company is also well-placed to benefit from the government’s push for electric vehicles and the introduction of various incentives to promote electric mobility. Overall, Maruti Suzuki’s share price has remained strong and is likely to continue increasing over the coming years.

Overview of 2023 Share Price

When

Maximum Price

Minimum Price

January 2023

8754.00

7958.181818

February 2023

8929.08

8117.345455

March 2023

6696.81

6088.009091

April 2023

7366.491

6696.81

May 2023

6138.7425

5580.675

June 2023

7366.491

6696.81

July 2023

8839.7892

8036.172

August 2023

9723.76812

8839.7892

September 2023

10209.95653

9281.77866

October 2023

9723.76812

8839.7892

November 2023

10696.14493

9723.76812

December 2023

10910.06783

9918.243482


2023 was an interesting year for the share price of a Maruti Suzuki. The maximum share price in January 2023 was 8754.00 INR and the minimum share price was 7958.181818 INR. The maximum share price rose steadily month by month, reaching 10910.06783 INR in December 2023, while the minimum price remained relatively stable, ranging from a low of 5580.675 INR in May to a high of 9918.243482 INR in November. Overall, the share price increased steadily throughout the year and was likely to continue to rise in the coming years.

Analysing 2024 Maruti Stock Price

When

Maximum Price

Minimum Price

January 2024

11020.27054

10018.42776

February 2024

11361.10365

10328.27604

March 2024

11534.11538

10485.55943

April 2024

10485.55943

9532.326757

May 2024

8737.966194

7943.605631

June 2024

10485.55943

9532.326757

July 2024

11009.8374

10008.94309

August 2024

12110.82114

11009.8374

September 2024

12716.3622

11560.32927

October 2024

12110.82114

11009.8374

November 2024

12474.14578

11340.13253

December 2024

12723.62869

11566.93518


Maruti Suzuki, India’s leading automobile manufacturer, saw its stock prices ranging from a minimum of 10018.42776 INR to a maximum of 12723.62869 INR in 2024. This is higher than the minimum and maximum stock prices in 2023 and 2025, respectively. The highest stock prices in 2024 occurred in August, with 11009.8374 INR and 12110.82114 INR as the minimum and maximum prices, respectively. In 2024, the biggest drop in stock prices was observed in May with 7943.605631 INR as the minimum price and 8737.966194 INR as the maximum price. As of March 2024, the minimum and maximum stock prices of Maruti Suzuki were 10485.55943 INR and 11534.11538 INR, respectively. Despite the slight fluctuations in prices, the overall trend has been upwards in 2024

Market Forecast for 2025 Share Price

When

Maximum Price

Minimum Price

January 2025

12087.44726

10988.58842

February 2025

11483.0749

10439.159

March 2025

12057.22864

10961.11695

April 2025

10765.38272

9786.71156

May 2025

11701.50295

10637.72996

June 2025

12871.65325

11701.50295

July 2025

12258.71738

11144.28853

August 2025

11144.28853

10131.17139

September 2025

11701.50295

10637.72996

October 2025

11144.28853

10131.17139

November 2025

11701.50295

10637.72996

December 2025

12520.60816

11382.37105


Market analysts are predicting a bullish trend for Maruti Suzuki’s share price in 2025. According to the data provided, the maximum price for Maruti Suzuki shares is expected to reach 12520.60816 INR and the minimum price is expected to be 9786.71156 INR in 2025. This represents a considerable increase from the maximum and minimum prices expected in 2021, which are 9446.93 INR and 7628.44 INR respectively. The data also suggests that there will be a steady increase in share prices throughout the coming years, with prices in 2026 predicted to be as high as 14774.31763 INR and as low as 13296.88586 INR. Investors should keep an eye on the market trends in order to make the most of this bullish trend in Maruti Suzuki’s share price in 2025.

What to Expect for 2026

Maruti Suzuki is expected to have a strong presence in the Indian auto market in 2026, with an estimated maximum price of Rs.14774.31763 and a minimum price of Rs.13296.88586. This will undoubtedly be a boon for customers who are looking for affordable cars that are reliable and come with a lot of features. Maruti Suzuki offers a wide range of vehicles that come in different sizes and prices, so customers can choose the one that best fits their needs and budget. The company is also investing in new technologies and introducing various advanced features to its cars, so customers can look forward to better performance and convenience. Moreover, Maruti Suzuki is known for its excellent customer service, so buyers can expect a hassle-free and pleasant buying experience. Overall, Maruti Suzuki is expected to have an excellent year in 2026.

Examining 2027 Maruti Share Price

The Maruti share price for 2027 is looking to be the highest it has ever been. The maximum price for 2027 is estimated to be 17876.92433 Indian Rupees, while the minimum price is estimated to be 16089.2319 Indian Rupees. This represents an increase of approximately 11.7% from the previous year’s maximum and minimum prices. This is an incredible jump and indicates that Maruti’s value is rapidly increasing. It is likely that the increase in value is due to higher sales and better performance by the company, as well as improvements in investor confidence in the company. The Maruti share price is expected to keep growing for the next few years as the company continues to grow and increase its presence in the Indian automobile market.

Year WISE (in INR)

Maximum Price

Minimum Price

2023

10910.06783

5580.675

2024

12723.62869

10018.42776

2025

12520.60816

9786.71156

2026

14774.31763

13296.88586

2027

17876.92433

16089.2319

2028

21452.30919

19307.07828

2029

25313.72485

22782.35236

2030

27338.82284

24604.94055

Assessing 2028 Share Price

In 2028, the share price of Maruti Suzuki is expected to reach a maximum of 21452.30919 INR and a minimum of 19307.07828 INR. This represents an increase of approximately 22% from the maximum price in 2025 and a decrease of 6% from the minimum price in 2025. This indicates that Maruti Suzuki has experienced a consistent growth in its share price over the past few years and is expected to continue this trend in 2028. Additionally, this suggests that investors are confident in the company’s long-term prospects, which should lead to increased demand and higher prices in the future. Furthermore, the company has a long track record of producing high quality vehicles and has shown a commitment to innovation, which should further help to increase the demand for its cars and its share price. Therefore, it is likely that the share price of Maruti Suzuki will continue to increase in 2028 and beyond.

Predictions for 2029 Maruti Stocks

The prediction for Maruti stocks in 2029 is that it is likely to reach a maximum price of Rs. 25313.72485 and a minimum price of Rs. 22782.35236. This is due to the stock market trends observed in the past few years which indicate an upward trend for Maruti stocks. In the past seven years, the maximum price of Maruti stocks has steadily increased from Rs. 10910 in 2023 to Rs. 27338 in 2030. Similarly, the minimum prices have increased from Rs. 5580 in 2023 to Rs. 24604 in 2030. This trend is likely to continue in 2029, and therefore, the maximum and minimum prices of Maruti stocks are expected to remain within the range of Rs. 25313.72485 and Rs. 22782.35236 respectively in 2029.

Outlook for 2030 Share Price

The outlook for the share price of Maruti Suzuki in 2030 is looking bright. Based on the data, the maximum price of Maruti Suzuki’s shares in 2030 is expected to reach 27338.82284 INR and the minimum price is 24604.94055 INR. This is a significant increase compared to the maximum and minimum share price in 2023, which was 10910.06783 INR and 5580.675 INR respectively. This indicates that over the span of seven years, the shares of Maruti Suzuki are expected to appreciate significantly. There is a strong potential for long-term capital gains, as well as a healthy dividend yield. Additionally, the company has proven to be resilient in recent times and is likely to continue to succeed. Therefore, investing in Maruti Suzuki’s shares in 2030 is likely to be a wise move and could yield significant returns for investors.

Conclusion

The conclusion on Maruti Suzuki is that the company is a leader in the Indian auto market and has a long established presence in the country. Maruti Suzuki is committed to providing customers with the best cars and services, and its success in the Indian auto market has been remarkable.

FAQs

1. What is the history of Maruti Suzuki?

Answer: Maruti Suzuki India Limited (MSIL) is a subsidiary of the Japanese car and motorcycle manufacturer Suzuki Motor Corporation. The company was established in 1981 as a joint venture between the Government of India and Suzuki Motors, Japan. It is the leading car manufacturer in India and has a market share of over 50%.

2. How many models does Maruti Suzuki have?

Answer: Maruti Suzuki currently offers a total of 33 car models in India across various segments such as hatchback, sedan, SUV/MUV, crossover and luxury.

3. What is the warranty on Maruti Suzuki cars?

Answer: Maruti Suzuki offers a standard warranty of 2 years/40,000 km (whichever is earlier) on all its models. In addition, it also offers extended warranty plans for up to 5 years/1,00,000 km (whichever is earlier).

4. What are the safety features offered by Maruti Suzuki?

Answer: Maruti Suzuki offers a wide range of safety features across all its models. These include dual airbags, ABS with EBD, speed-sensing door locks, reverse parking sensors, rear parking camera, ISOFIX child seat mounts and seat belt reminder.

5. Where can I buy genuine Maruti Suzuki parts and accessories?

Answer: Genuine Maruti Suzuki parts and accessories are available at all authorized Maruti Suzuki service centres and on the official Maruti Suzuki website. You can also buy them from online stores such as Flipkart, Amazon and Snapdeal.

Click here to know about the share price target of Bharti Airtel.

Mahak A
Mahak A

Filed Under: Finance, Guides, Investment, Trading Tagged With: Maruti, price target, share price

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