BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
HDFC Securities Recommends ‘Buy’ On CMI
According to HDFC Securities, strong infrastructure spending should open up favourable avenues for the domestic wire and cable industry. Post-acquisition of GCE, CMI has higher capacity, better efficiencies and ability to produce more complex products leading to margin expansion, according to the brokerage.