BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Deutsche Bank initiates Castrol India with buy
Castrol is a play on revival in automobile demand. Auto sector revival will ensure stock outperformance. Earnings growth, return on equity to rebound over 2014-16. Improving sales mix to drive margin expansion.