Test for Maruti at Rs. 1520-1550 levels

Test for Maruti at Rs. 1520-1550 levelsAccording to the leading market analysts in the country, it is expected that it will be testing period for the Maruti stock at the Rs. 1520-1550 levels abut it is considered that both Maruti and Tata Motors are offering good amount of potential going forward.

In a situation where high demand is coming from the Indian market, and looking at the ongoing preparations, it is very much clear that Maruti is very much prepared to cater to Volkswagen as well.

Hence, the market surely has lot of potential as far as the Maruti share price is concerned.

Moreover, the enhanced capacity that will come into effect in the next 1.5 years will also give high volumes to the company to be played upon. It may be recalled here that the stock price of Maruti came down largely because of the royalty payments and has recovered very well from the Rs. 1200 levels.

On the other end, it is believed that Tata Motors is also a promising bet in the automobile arena. It is expected that the share price of the company will surge in the next two years.