--- title: "Maruti Suzuki stock jumps over 4% today after Q4 results; brokerages see mixed outlook" type: "News" locale: "en" url: "https://longbridge.com/en/news/284489574.md" description: "Maruti Suzuki's stock rose over 4% following mixed Q4 results, with shares trading at Rs 13,365. The company reported a 6.5% decline in net profit to Rs 3,659 crore, despite a 28.2% revenue increase to Rs 52,462.5 crore. Brokerages have mixed views; HSBC maintains a 'buy' rating with a target of Rs 15,000, citing strong volume growth, while Jefferies holds a 'hold' rating at Rs 13,800, expressing concerns over market share erosion. Maruti's market cap is around Rs 4.5 lakh crore, and it achieved record quarterly sales volume." datetime: "2026-04-29T03:51:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284489574.md) - [en](https://longbridge.com/en/news/284489574.md) - [zh-HK](https://longbridge.com/zh-HK/news/284489574.md) --- # Maruti Suzuki stock jumps over 4% today after Q4 results; brokerages see mixed outlook Maruti Suzuki India Ltd shares jumped over 4 percent on Wednesday, recovering yesterday's loss, after the automaker reported a mixed Q4 financial performance. Maruti Suzuki shares were trading at Rs 13,365 in the early morning session, up 3.67 percent. Yesterday, the stock closed at Rs 12,890, down 2.51 percent. The automobile stock has gained 8.9 percent over the past one year, outperforming the Nifty 50, which is down 0.4 percent over the same period. The company has a market capitalisation of around Rs 4.5 lakh crore. Maruti Suzuki had reported a 6.5 percent year-on-year decline in consolidated net profit to Rs 3,659 crore for Q4, even as revenue rose 28.2 percent to Rs 52,462.5 crore. The earnings were weighed down by higher raw material costs, lower other income and increased tax outgo, offsetting strong volume growth. On a standalone basis, net profit fell 7 percent, while margins remained largely flat at 11.7 percent. - _**Share Markets Live Updates | Sensex, Nifty Today**_ Operationally, Maruti Suzuki reported its highest-ever quarterly sales volume, with exports hitting record levels. Net sales crossed the Rs 50,000 crore mark for the first time. However, profitability was impacted by adverse commodity costs and lower non-operating income, even as operating profit saw healthy growth. **Brokerage views mixed on Maruti Suzuki post Q4 results** **HSBC** retained a **‘buy’** rating on Maruti Suzuki India stock with a target price of **Rs 15,000**. It cited in-line performance and the company’s ability to manage commodity inflation. The brokerage expects volume growth guidance of around 10 percent to reflect a resilient demand environment. Further, it believes valuations at 20 times FY28 estimated earnings remain undemanding. HSBC also sees Maruti as a key beneficiary of the 8th Pay Commission. In contrast, **Jefferies** maintained a **‘hold’** rating with a target price of **Rs 13,800**. It said that while EBIT grew 30 percent year-on-year in Q4, net profit declined due to lower financial income. The brokerage flagged concerns around market share erosion to a 13-year low amid a structural shift towards SUVs. Jefferies cut its FY27-28 earnings estimates by 9 percent, even as it expects domestic passenger vehicle demand to remain strong with around 10 percent volume growth. **Disclaimer** **Disclaimer:** _The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions._ ### Related Stocks - [7269.JP](https://longbridge.com/en/quote/7269.JP.md) - [SZKMY.US](https://longbridge.com/en/quote/SZKMY.US.md) - [6785.JP](https://longbridge.com/en/quote/6785.JP.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [JEF.US](https://longbridge.com/en/quote/JEF.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) ## Related News & Research - [Key facts: Maruti Suzuki to invest ₹35,000 crore in Gujarat plant; Q2 profit drops](https://longbridge.com/en/news/273574315.md) - [IPL 2026: Kuldip, Gleeson named injury replacements for Khaleel-Thushara](https://longbridge.com/en/news/286585285.md) - [Women under 35 led mutual fund investments in FY26, shows data](https://longbridge.com/en/news/286945674.md) - [01:23 ETSteele Honda Welcomes the 2027 Honda HR-V](https://longbridge.com/en/news/286857851.md) - [Honda posts first-ever annual loss as demand for electric vehicles wanes](https://longbridge.com/en/news/286627139.md)