Short Sell Maruti Suzki Stocks NSE for Intraday, Short Term Due to Q3 Result Appear bad

In the third quarter of fiscal year 2019, Maruti Suzuki profit has declined 17.2 percent to Rs 1,489 crore. In the third quarter of fiscal year 2018, Maruti Suzuki’s profits were Rs 1,799 crore.

In the third quarter of fiscal year 2019, Maruti Suzuki earnings increased by 2 percent to Rs 19,668 crore. In the third quarter of fiscal year 2018, the revenue of Maruti Suzuki was Rs 19,283 crore.

In the third quarter of the financial year 2019, Maruti Suzuki EBITDA has decreased from Rs 3,038 crore to Rs 1,931.3 crore. On the year-on-year basis, Maruti Suzuki’s EBITDA margin declined from 15.8 percent to 9.8 percent in the third quarter of fiscal year 2019.

Intraday Trading Advice Maruti Suzki in NSE

@At Present Maruti Suzki Shares are trading Rs 6984 and looking down trend, sold it for Intraday Target 6711.

 @ Short term Investors Also Sold Maruti Suzki Future at Current Rate for target 6343, you can hold it 4 to 5 days.

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