Maruti Suzuki's Optimism for Second Half Growth
Maruti Suzuki is optimistic about a stronger second half of the fiscal year after a slow start. The company is gearing up for new SUV launches and is hopeful about rising rural demand, especially during the festive season. Despite a disappointing Q1, where profits rose only slightly, management is confident that better monsoon conditions and upcoming launches will boost sales. Maruti aims to outpace industry growth, projected at 2-3%. With shares rising over 16% this year, the company believes it can regain momentum in the auto sector.
