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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Credit Suisse maintains underperform on Bosch
Credit Suisse has maintained 'underperform' rating on Bosch Ltd for target of Rs 15,300/share. It says that commercial vehicles monopoly position is under threat and it sees low levels of initial localisation for Bosch and its peers. Credit Suisse adds that ban of diesel passenger vehicles is another headwind for the company going ahead.