

Maruti Suzuki's shares climbed over 1% to Rs 12,779 after announcing a 2% rise in net profit to Rs 3,712 crore for Q1 FY26. Revenue also grew by 8% to Rs 38,414 crore. Despite a dip in margins, analysts like Jefferies remain optimistic, raising the target price to Rs 14,750. The company has seen a remarkable 37.4% increase in exports and plans to launch new models, including the e-Vitara SUV. While concerns about market share persist, Maruti Suzuki anticipates a stronger second half supported by new launches and improved rural demand.