Analysts Predict Maruti Stock Could Surpass ₹15,000 with Key Hurdle Ahead
Will Maruti reclaim ₹15,000-mark in next 3 months? Analyst flags key hurdle
Business StandardImage: Business Standard
Maruti Suzuki India's stock has dropped nearly 21% in 2026, but analysts suggest it could rebound past the ₹15,000 mark if it overcomes resistance at ₹14,000. Current trading at ₹13,257, the stock may see a potential upside of 20.5% if it breaks this critical level.
- 01Maruti stock has declined nearly 21% in 2026, underperforming the Nifty 50 index.
- 02Current trading price is ₹13,257, below key moving averages.
- 03Analysts suggest a potential rally to ₹15,180 - ₹15,980 if it surpasses ₹14,057.
- 04Axis Securities maintains a 'Buy' rating but lowers target price to ₹14,620.
- 05Domestic demand remains strong, with significant export growth reported.
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Maruti Suzuki India's stock has faced significant challenges in 2026, declining nearly 21% compared to a 7.5% correction in the NSE benchmark Nifty 50 index. Currently trading at ₹13,257, the stock has struggled since falling below the ₹15,000 mark in late February. Analysts from Mirae Asset Sharekhan indicate that if Maruti can surpass the critical ₹14,000 resistance level, it could rally to between ₹15,180 and ₹15,980, representing a potential upside of 20.5% from its last close. The stock is currently below its 50, 100, and 200-day moving averages, but above the 20-day moving average, indicating some strength. Additionally, Axis Securities has reaffirmed a 'Buy' rating but revised its target price down to ₹14,620 based on earnings projections and strong domestic demand, supported by a 34.6% year-on-year increase in exports. The anticipated rollout of the eVX model is expected to be a key growth driver.
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If Maruti stock rises above ₹15,000, it could enhance investor confidence and potentially lead to increased investment in the automotive sector.
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More about Maruti Suzuki India

Maruti Suzuki Shares Rise on Strong Q4 Performance and Positive Domestic Outlook
Business Standard • Apr 29, 2026
Maruti Suzuki Aims for 10% Volume Growth in FY27 Amid Margin Challenges
The Economic Times • Apr 29, 2026

मारुति सुजुकी के शेयरों में 5% उछाल, ब्रोकरेज ने सकारात्मक रुख बनाए रखा
Business Standard • Apr 29, 2026
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