Suzuki’s direct investment in Gujarat plant punctures Maruti stock
Gujarat expansion certainly puts Maruti stock's current 15 times P-E multiple for fiscal year 2015 earnings at stake
Until now, shrinking demand for passenger cars was a matter of concern for shareholders of Maruti Suzuki India Ltd. But a far graver uncertainty for minority shareholders has now cropped up following the announcement that it will expand capacity through a wholly owned subsidiary of Japanese parent Suzuki Motor Corp.
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