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Can Maruti stock continue to roar?

Maruti is on course to sell two million cars by 2020, a 40% jump from the 1.42 million vehicles it sold in 2015-16, reports suggest

Multiple triggers for Maruti

MarutiSuzukihita52-weekhighofRs5,103.90ontheNationalStockExchange(NSE)inintra-daydealsonTuesday.Froma52-weeklowhitonFebruary29earlierthisyear,thestockhasralliedaround60%ascomparedtoa23%riseinthebenchmarkindex,theNifty50.Bycomparison,theNiftyAutoindexhasalsolaggedbehind,risingaround36%duringthisperiod. AlsoRead: MarutilaunchesSwiftvariantpriceduptoRs6.86lakh Theoverallsentimentfortheautosectorhasbeenimprovingonthebackofanabove-normalmonsoon,whichcouldeventuallytriggerrural ...