$MARUTI Maruti Suzuki’s stock surged over 4% today (June 25 2026)

Maruti Suzuki’s stock surged over 4% today (June 25 2026) after brokerage Choice Equity Broking issued a fresh “Buy” recommendation with a target price of ₹14,600 — indicating a potential upside of 6.17%. The stock is trading around ₹13,817 per share, crossing its 100‑day EMA and showing strong technical momentum. 🚗 Key Developments Brokerage Upgrade: Choice Equity Broking Private Ltd raised its outlook, citing robust sales momentum and margin expansion from hybrid and SUV segments. Price Breakout: The stock broke above its third resistance level (R3 ≈ ₹13,774), confirming strong buying pressure. Short‑Term Performance: One‑day return ≈ 3.7%; one‑year return ≈ 8.44%. Investor Sentiment: Positive across brokerages after steady volume growth and new model pipeline for FY27. 🏭 Business Context Upcoming Launches: Maruti Suzuki is expected to expand its hybrid line‑up and introduce new SUV variants under the NEXA brand in Q3 FY27. Production Efficiency: The company continues to optimize its Manesar and Gurugram plants for higher output and EV readiness. Export Focus: Strong demand from Africa and Latin America markets is supporting volume growth. ⚠️ Investor Watchpoints Valuation Risk: P/E near 30 may limit upside if earnings growth slows. Commodity Costs: Rising steel and battery prices could pressure margins. Competition: Hyundai and Tata Motors are intensifying hybrid and EV offerings. 💡 Takeaway Maruti Suzuki is showing a clear technical breakout and renewed broker confidence. Short‑term traders may target ₹14,600, while long‑term investors should watch for hybrid sales growth and export volumes as key drivers for FY27