Maruti recently announced its results and it was a bumper one. With majority of the brokerage houses bullish on it considering multiple tailwinds the company has going forward.
If we are looking at things in hindsight, it seems like maruti has infact made a smart decision by not going gung ho on EV early in the cycle and are waiting for the right time to enter into the market fully.
Interesting. Currently observing a general trend of urban ppl preferring to opt higher end vehicles compared to the ones where maruti operates the most.