Despite the supply squeeze that resulted in a production loss of around 35,000 units in the second quarter, Maruti Suzuki was able to sell 517,000 units. The mix of the higher operating leverage from greater production and internal cost controls aided the improvement of the operating margin by 200 basis points to 9.3% in the September 2022 quarter. Operating profit per vehicle rose to a 16-quarter high of ₹55,516 per vehicle.
Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case.
October 27, 2026