Next multibagger opportunity? Maruti Suzuki set to ride EV revolution

Maruti Suzuki’s plans to introduce 5-6 new EV models, expansion of its market share, and ability to adapt to changing market dynamics make it a potentially attractive investment in the EV space. The company’s evolution encompasses embarking into the SUV segment and gaining a stronghold in small cars, leaving it in a dominant position for future growth. Experts predict a 50% increase in Maruti’s stock value in the next two years, attributable to the company’s strategic focus on EVs, consumer preferences, and government support towards electric mobility.