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Below are Quote on Maruti Suzuki Numbers by Mr. Milan Desai, Lead Equity Analyst, Angel Broking   

Maruti Suzuki’s June’21 numbers are mostly in-line with expectations. The total sales stood at 1,47,368 units for the month (+216.5% MoM / 156.6% YoY). The total domestic PV sales were up 142% YoY/278% MoM to 1,24,280 units led by 343.3% MoM growth in Utility Vehicles (28,172 units). Mid-size segment was up 72.5% MoM to 602units while Mini & Compact were up 268% and 238% on MoM basis to 17,439 units and 68,849 units, respectively. Total Domestic sales, incl. LCV and sale to other OEMS grew by 269% MoM to 1,30,348 units. Growth in SUVs is encouraging, and we expect the other segments to do well on account of growing preference for personal mobility and we believe that PV space should do relatively better than 2Ws in the near term. We have a positive view on the stock.

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