{"id":213493,"date":"2026-08-20T11:17:18","date_gmt":"2026-08-20T05:47:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=213493"},"modified":"2026-08-20T11:17:20","modified_gmt":"2026-08-20T05:47:20","slug":"maruti-suzuki-share-price-nomura-price-hike-margins","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/","title":{"rendered":"Maruti Suzuki Share Price in Focus: Nomura Says 150-200 bps More Price Hikes Needed to Protect Margins"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Maruti Suzuki CMP: Rs 13,718 (+0.20%). Nomura: needs 150-200 bps more hikes. EBITDA targets: 10.5\/11.8\/11.9% over FY27\/28\/29F. 52W range: Rs 11,067-16,651.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Maruti Suzuki share price is under the spotlight today after Nomura flagged that the company may need to hike vehicle prices by an additional 150-200 basis points to meet consensus EBITDA margin estimates of 10.5%, 11.8%, and 11.9% over FY27, FY28, and FY29 respectively. The stock had already raised prices by 0.5% recently, but the brokerage argues that this is insufficient to fully offset rising input and operational costs. Maruti Suzuki shares were trading at Rs 13,718, up 0.20%, at the time of writing.<\/p>\n<\/div>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_Did_Nomura_Say_About_Maruti_Suzuki_Share_Price\" title=\"What Did Nomura Say About Maruti Suzuki Share Price?\">What Did Nomura Say About Maruti Suzuki Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Maruti_Suzuki_Company_Overview_and_Key_Financials\" title=\"Maruti Suzuki Company Overview and Key Financials\">Maruti Suzuki Company Overview and Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Why_Is_Maruti_Suzukis_Margin_Under_Pressure\" title=\"Why Is Maruti Suzuki&#8217;s Margin Under Pressure?\">Why Is Maruti Suzuki&#8217;s Margin Under Pressure?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Input_Cost_Headwinds\" title=\"Input Cost Headwinds\">Input Cost Headwinds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Competitive_Pricing_Pressure\" title=\"Competitive Pricing Pressure\">Competitive Pricing Pressure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Mix_Shift_Toward_Premium_Vehicles\" title=\"Mix Shift Toward Premium Vehicles\">Mix Shift Toward Premium Vehicles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Currency_and_Import_Cost_Exposure\" title=\"Currency and Import Cost Exposure\">Currency and Import Cost Exposure<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Technical_Analysis_Where_Is_Maruti_Suzuki_Share_Price_Headed\" title=\"Technical Analysis: Where Is Maruti Suzuki Share Price Headed?\">Technical Analysis: Where Is Maruti Suzuki Share Price Headed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_Should_Investors_Watch_Going_Forward\" title=\"What Should Investors Watch Going Forward?\">What Should Investors Watch Going Forward?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Why_is_Maruti_Suzuki_share_price_in_focus_today\" title=\"Why is Maruti Suzuki share price in focus today?\">Why is Maruti Suzuki share price in focus today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_are_Nomuras_EBITDA_margin_targets_for_Maruti_Suzuki\" title=\"What are Nomura&#8217;s EBITDA margin targets for Maruti Suzuki?\">What are Nomura&#8217;s EBITDA margin targets for Maruti Suzuki?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_is_Maruti_Suzuki_share_price_today_on_August_20_2026\" title=\"What is Maruti Suzuki share price today on August 20, 2026?\">What is Maruti Suzuki share price today on August 20, 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Is_Maruti_Suzuki_share_oversold_on_technical_charts\" title=\"Is Maruti Suzuki share oversold on technical charts?\">Is Maruti Suzuki share oversold on technical charts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_are_the_risks_to_Maruti_Suzukis_margin_recovery\" title=\"What are the risks to Maruti Suzuki&#8217;s margin recovery?\">What are the risks to Maruti Suzuki&#8217;s margin recovery?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Where_can_I_track_Maruti_Suzuki_share_price_live\" title=\"Where can I track Maruti Suzuki share price live?\">Where can I track Maruti Suzuki share price live?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#What_is_the_52-week_range_of_Maruti_Suzuki_shares\" title=\"What is the 52-week range of Maruti Suzuki shares?\">What is the 52-week range of Maruti Suzuki shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/maruti-suzuki-share-price-nomura-price-hike-margins\/#Should_I_buy_Maruti_Suzuki_shares_now\" title=\"Should I buy Maruti Suzuki shares now?\">Should I buy Maruti Suzuki shares now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Did_Nomura_Say_About_Maruti_Suzuki_Share_Price\"><\/span><strong>What Did Nomura Say About Maruti Suzuki Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nomura&#8217;s note, published on August 20, 2026, states that <a href=\"https:\/\/univest.in\/stocks\/maruti\/maruti-suzuki-india-ltd-share-price-today\">Maruti Suzuki<\/a> may need to take further price hikes of around 150-200 basis points beyond the recent 0.5% increase to meet consensus EBITDA margin estimates. The brokerage projects EBITDA margins of 10.5%, 11.8%, and 11.9% over FY27, FY28, and FY29 respectively. Without these additional hikes, margin delivery could fall short of market expectations.<\/p>\n<p>This is not the first time Nomura has flagged pricing as a key lever for Maruti Suzuki. The company has historically relied on periodic price adjustments to offset input cost pressures, including those from steel, aluminium, and precious metal components used in vehicle manufacturing.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=maruti-nomura-hike\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Maruti_Suzuki_Company_Overview_and_Key_Financials\"><\/span><strong>Maruti Suzuki Company Overview and Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Maruti Suzuki India is the country&#8217;s largest passenger vehicle manufacturer by sales volume, commanding a domestic market share of over 40%. The company is a subsidiary of Suzuki Motor Corporation, Japan, and trades on both NSE and BSE under the symbol MARUTI.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr style=\"background: #1F4E79; color: #ffffff;\">\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>NSE Symbol<\/td>\n<td>MARUTI<\/td>\n<\/tr>\n<tr>\n<td>CMP (20 Aug 2026)<\/td>\n<td>Rs 13,718<\/td>\n<\/tr>\n<tr>\n<td>Day Change<\/td>\n<td>+0.20% (+Rs 28)<\/td>\n<\/tr>\n<tr>\n<td>52W High<\/td>\n<td>Rs 16,651<\/td>\n<\/tr>\n<tr>\n<td>52W Low<\/td>\n<td>Rs 11,067<\/td>\n<\/tr>\n<tr>\n<td>20-DMA<\/td>\n<td>Rs 13,926<\/td>\n<\/tr>\n<tr>\n<td>RSI (14-day)<\/td>\n<td>18.4 (Oversold)<\/td>\n<\/tr>\n<tr>\n<td>Sector<\/td>\n<td>Automobile<\/td>\n<\/tr>\n<tr>\n<td>Nomura EBITDA Target FY27<\/td>\n<td>10.5%<\/td>\n<\/tr>\n<tr>\n<td>Nomura EBITDA Target FY28<\/td>\n<td>11.8%<\/td>\n<\/tr>\n<tr>\n<td>Nomura EBITDA Target FY29<\/td>\n<td>11.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Maruti_Suzukis_Margin_Under_Pressure\"><\/span><strong>Why Is Maruti Suzuki&#8217;s Margin Under Pressure?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Input_Cost_Headwinds\"><\/span><strong>Input Cost Headwinds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Rising raw material prices, particularly steel and aluminium, have been weighing on Maruti Suzuki&#8217;s cost structure. The company sources a significant portion of its components domestically, making it sensitive to domestic commodity price movements. Any uptick in these input costs directly compresses EBITDA margins if not offset by price hikes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Competitive_Pricing_Pressure\"><\/span><strong>Competitive Pricing Pressure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Maruti Suzuki faces growing competition from Hyundai, Tata Motors, and Mahindra in the SUV segment, which has seen a structural shift in consumer demand. This limits the company&#8217;s pricing power to some extent, as aggressive price hikes risk market share erosion in fiercely contested segments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mix_Shift_Toward_Premium_Vehicles\"><\/span><strong>Mix Shift Toward Premium Vehicles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The company has been gradually shifting its portfolio toward higher-value models including the Brezza, Grand Vitara, and Invicto. While this mix shift is positive for average selling prices, it also involves higher upfront costs, which can temporarily suppress margins before volume scales up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Currency_and_Import_Cost_Exposure\"><\/span><strong>Currency and Import Cost Exposure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Maruti Suzuki imports certain technology components and royalty payments are linked to the Japanese yen. A weaker rupee against the yen increases the effective cost of operations and creates further pressure on reported margins, requiring pricing action to maintain profitability.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen Maruti Suzuki Fundamentals Live on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Analysis_Where_Is_Maruti_Suzuki_Share_Price_Headed\"><\/span><strong>Technical Analysis: Where Is Maruti Suzuki Share Price Headed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Maruti Suzuki share price is currently trading at Rs 13,718, which is significantly below its 20-day moving average of Rs 13,926. The RSI reading of 18.4 on the daily chart puts the stock in deeply oversold territory, suggesting a potential technical bounce in the near term. However, oversold readings can persist if fundamental headwinds dominate.<\/p>\n<p>The stock has corrected sharply from its 52-week high of Rs 16,651, representing a drawdown of approximately 17.6% from the peak. Key support is visible around Rs 13,500, while resistance is expected near the 20-DMA at Rs 13,926. A sustained close above Rs 14,200 would signal a reversal of the current downtrend.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Maruti Suzuki share price live and receive daily stock research.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Watch_Going_Forward\"><\/span><strong>What Should Investors Watch Going Forward?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The key variable to monitor is whether Maruti Suzuki actually implements the additional price hikes that Nomura recommends. A price hike announcement of 1-2% across select models would be a positive catalyst for the stock, as it would signal management&#8217;s intent to protect margins. Conversely, if the company holds off on further hikes due to competitive pressures, margin delivery in FY27 could disappoint relative to consensus estimates.<\/p>\n<p>The upcoming Q2 FY27 results season will be a key earnings event. Investors should watch for EBITDA margin progression, commentary on pricing strategy, and volume growth guidance. Any upgrade in broker targets following a margin recovery could provide meaningful upside to the current Maruti Suzuki share price levels.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Maruti Suzuki&#8217;s share price remains in focus after Nomura&#8217;s note flagging the need for additional pricing action to meet multi-year margin targets. The stock&#8217;s deeply oversold RSI of 18.4 and its position well below the 20-DMA suggest a potential technical rebound, but the fundamental recovery hinges on pricing decisions and input cost trends. Investors should use verified data from NSE and BSE before making any investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Maruti_Suzuki_share_price_in_focus_today\"><\/span><strong>Why is Maruti Suzuki share price in focus today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Maruti Suzuki share price is in focus after Nomura released a note stating the company needs to implement additional price hikes of 150-200 basis points beyond the recent 0.5% increase to meet consensus EBITDA margin estimates over FY27-29.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Nomuras_EBITDA_margin_targets_for_Maruti_Suzuki\"><\/span><strong>What are Nomura&#8217;s EBITDA margin targets for Maruti Suzuki?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nomura projects consensus EBITDA margin estimates of 10.5% for FY27, 11.8% for FY28, and 11.9% for FY29. To achieve these margins, the brokerage says Maruti Suzuki will need to take further price hikes on top of the 0.5% increase already implemented.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Maruti_Suzuki_share_price_today_on_August_20_2026\"><\/span><strong>What is Maruti Suzuki share price today on August 20, 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Maruti Suzuki share price was trading at Rs 13,718 on August 20, 2026, up 0.20% or Rs 28 from the previous close of Rs 13,690. The stock opened at Rs 13,758 and touched a high of Rs 13,810 during the session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Maruti_Suzuki_share_oversold_on_technical_charts\"><\/span><strong>Is Maruti Suzuki share oversold on technical charts?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, Maruti Suzuki&#8217;s 14-day RSI stands at 18.4, which is in deeply oversold territory. The stock is also trading below its 20-day moving average of Rs 13,926. While oversold conditions can signal a rebound, investors should track fundamental developments alongside technical signals.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_to_Maruti_Suzukis_margin_recovery\"><\/span><strong>What are the risks to Maruti Suzuki&#8217;s margin recovery?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks include competitive pricing pressure limiting further hikes, rising input costs in steel and aluminium, adverse currency movements affecting import costs and yen-linked royalties, and a potential slowdown in consumer demand if price increases are passed on aggressively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_Maruti_Suzuki_share_price_live\"><\/span><strong>Where can I track Maruti Suzuki share price live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can track Maruti Suzuki share price live on the Univest app, which also provides daily research, technical signals, and fundamental data sourced from NSE and BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_range_of_Maruti_Suzuki_shares\"><\/span><strong>What is the 52-week range of Maruti Suzuki shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Maruti Suzuki&#8217;s 52-week high is Rs 16,651 and the 52-week low is Rs 11,067. The current price of Rs 13,718 is roughly midway in this range, having declined from peak levels amid sector-wide headwinds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Maruti_Suzuki_shares_now\"><\/span><strong>Should I buy Maruti Suzuki shares now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decision. Verify all data on NSE and BSE before acting on any information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nomura says Maruti Suzuki may need further price hikes of 150-200 bps to meet consensus EBITDA margin estimates over FY27\/28\/29F. 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