BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains underweight on ABB
Competition will increase on Toshiba's entry to high voltage T&D. ABB is the most expensive stock is universe, but higher competition will lead to lower margins for the sector. Target Rs 390.