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At Maruti, hope rides country roads with demand as pillion


High fixed cost associated with inventory had weighed on the operating loss.


The management’s commentary on demand recovery in the semi-urban and rural markets, in fact, continues to be encouraging. This should lend support to the stock to maintain its high valuation.

ET Intelligence Group: Maruti Suzuki posted its first loss as a listed company, but that was not a surprise to the Street as production and sales had come to a complete halt for a large part of the past quarter. In the near term — at least in the ongoing quarter — what is likely to influence the stock’s direction more than the financial performance is the degree of demand recovery in the automobile market.The management’s commentary on demand

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