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.
1 report, 1 independent
Updated Sep 2
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What happened
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.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Nomura
corporation in Japan
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Maruti Suzuki
Japanese-Indian automobile manufacturer
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Bajaj Auto
Indian two-wheeler and three-wheeler manufacturing company
Related events
- Nomura provided a neutral rating on the shares of the companies involved and set a target price of Rs 4,580 per share.
- Nomura provided outlooks regarding the Indian auto market on May 28, 2026.
- Nomura highlights strong demand in the Indian auto market, involving Maruti Suzuki.
- Nomura retained a buy rating, Morgan Stanley retained equal-weight, and CLSA downgraded Godrej Consumer Products stock.
- Nomura is a Japanese financial services holding company.