Nomura highlights strong demand in the Indian auto market, involving Maruti Suzuki.

The entities involved

• Nomura →

  corporation in Japan

  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
  • Nomura notes high accuracy of Fed's market moves as Warsh presides over his first meeting, with Fed statements echoing Greenspan's style.Mon 10:26
• Maruti Suzuki →

  Japanese-Indian automobile manufacturer

  • Kia, BMW, Honda, Toyota, and Hyundai are competing in the Indian auto market with expected new model launches.Fri 17:04
  • Suzuki and Maruti Suzuki are developing new engine technology and exploring technology transfer for product portfolio expansion in India.Fri 13:27

Related events

• Nomura updated its ratings on several companies on September 2, 2026, including retaining a Neutral rating on Maruti Suzuki, noting Bajaj Auto was ahead of estimates, and retaining a Buy rating on Hyundai Motor India.Sep 2
• Market trends indicate that newer electric vehicle auto plays are increasingly favored by the market.Sep 3
• Nomura provided a neutral rating on the shares of the companies involved and set a target price of Rs 4,580 per share.Jul 6
• Indian mid-size EV market competition involving VinFast and Maruti Suzuki.Jun 19
• Both Kia and Maruti Suzuki reported strong sales growth in July 2026.Aug 1