This has happened after Japanese currency yen weakened against the dollar. A weaker yen lessens the burden of royalty it pays to its parent firm Suzuki. It also makes cheaper imports of automobile parts from Japan. Brokerage CLSA sees a target price of Rs 5850 on the stock, an upside of 14.59% against its lifetime high.

Shares of Maruti Suzuki hit its lifetime high of Rs 5,104.90 in trade

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