New Delhi, Jan 28: Shares of Maruti Suzuki India rose around 2 per cent on Monday after most brokerages upgraded the stock and raised its target prices by 10-30 per cent.
At 11:25 am, the stock was trading 1.37 per cent higher at 1622.10, which is about 21.90 points. The stock surged to its 52-week high of Rs 1634 in intraday trade today.
Earlier, UBS upgraded its ratings on Maruti Suzuki India Ltd to "buy" from "neutral," and raised its price target to Rs 2,000 from Rs 1,500.