Maruti Suzuki Shares Jump 4% to ₹13537 as Broker Targets Surge After Record Q4

Published on 29 April 2026

Brokerages cite SUV mix and margins behind the rally

Maruti Suzuki shares surged nearly 4.5% on Wednesday, hitting an intraday high of ₹13,537 and beating the Nifty 50. The move came after record FY26 earnings, triggering a wave of upgrades from major brokerages that raised target prices. Analysts pointed to a stronger product mix led by SUVs and margin expansion as key drivers of the stock’s breakout run.

Maruti Suzuki shares gained about 4.5% and touched ₹13,537 intraday
Brokerages raised target prices after record FY26 earnings
SUV-heavy mix and margin expansion are cited as primary catalysts
The stock outperformed the broader Nifty 50 index

#earnings #stock market #brokerage upgrades #maruti suzuki #nifty

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Maruti Suzuki Shares Jump 4% to ₹13537 as Broker Targets Surge After Record Q4

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