Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1249.60
Change Change %
-8.35 -0.66%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
1246.00
Change Change %
-15.40 -1.22%

Updated:20 Nov, 2018, 15:15 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
17-02-2017 Buy 1133.50 1406.00
N/A
Target Hit Long (1Y)
17-02-2018

Motilal Oswal initiates coverage on Ceat with buy

Motilal Oswal has initiated coverage on Ceat with a 'buy' for target price of Rs 1,406/share. It says product mix improvement is likely to continue for Ceat and it expects sales and PAT CAGR of 11 per cent and 25 per cent. Motilal Oswal values Ceat at price to earnings of 10 times for FY19 estimated EPS.

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