Generally twice or at least once a year Maruti and Herohonda increase the prices of their products and the key is to track it when these announcements are made and plan purchases before it and hold the stock for the short term as the effect of an increase in price is visible in the qtr ending results.
Have a look at below Maruti report:
Due to inflation, Maruti Suzuki will raise prices in January
📮 Maruti Suzuki, the leading automaker in India, announced on Friday that it intended to raise the prices of its vehicles beginning in January.
📮 This decision was motivated by ongoing cost pressure caused by inflation as well as recent regulatory requirements.
📮 Maruti did not comment on the magnitude of the price increase it intended to implement.
Make money using our Bank Nifty tips for tomorrow and soon you will be riding the Mercedes or Audi or BMW courtesy the profit generated.
📮 Maruti Suzuki, the leading automaker in India, announced on Friday that it intended to raise the prices of its vehicles beginning in January.
📮 This decision was motivated by ongoing cost pressure caused by inflation as well as recent regulatory requirements.
📮 Maruti did not comment on the magnitude of the price increase it intended to implement.
Make money using our Bank Nifty tips for tomorrow and soon you will be riding the Mercedes or Audi or BMW courtesy the profit generated.
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