MARUTI

Share Price (approx) ₹15,325 (NSE quoted) rket Cap ₹4,81,822 crores Promoter Holding 58.3 % Domestic Demand Weakness: Auto sales in India have been sluggish in recent times; Maruti’s domestic volumes have shown soft trends. Raw Material / Input Cost Inflation: Steel, electronic components, battery materials (for EVs) — cost pressures could erode margins. Regulatory / Policy Reversal: The fuel efficiency norm relaxations and GST benefits are proposals or recent changes; future revisions or unfavorable tax shifts could reverse advantages. Competition / Disruption: Other automakers (Indian and global) pushing aggressively into EVs or new mobility models could erode Maruti’s share. Execution Risk in EV Segment: While Maruti is entering EVs, scaling up, securing supply chain (especially battery / rare earths), and capturing market share are nontrivial.