Maruti Suzuki slips after Q4 margin miss; brokerages slash target prices
Shares of Maruti Suzuki slipped on April 28 after the auto major’s March quarter earnings fell short of expectations, leading multiple brokerages to lower their target prices. The company reported a 4.3 per cent year-on-year drop in net profit at Rs 3,711 crore, while revenue rose 6.4 per cent to Rs 40,674 crore. However, the…