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.
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