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Hot stocks: Brokerage view on Globus Spirits, Maruti Suzuki, Supreme Industries and LTIMindtree

Hot stocks: Brokerage view on Globus Spirits, Maruti Suzuki, Supreme Industries and LTIMindtree

Macquarie maintains a neutral view on Maruti Suzuki with a target price of Rs 11,565. India's second-largest state has eliminated taxes on strong hybrids, cutting the price premium over ICE vehicles from 20% to 10%. This change is beneficial for Maruti Suzuki, which holds a 20% market share in strong hybrids as of CY2023.

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