Maruti Suzuki Q2 Earnings: Profit expected to fall by about 60%

Automobile Major Maruti Suzuki is set to announce its second-quarter results on Thursday. The stock is up almost 40 percent from the August lows. It is now less than 10 percent away from its 52-week high. However, the September quarter is unlikely to be good for the company due to weak demand, high inventory, record-high discounts, etc.