BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains outperform on Exide
Original equipment manufacturing business has become profitable again. Margins have likely bottomed. Pricing discipline should hold up. Low capacity utilisation hurting margins. Volume recovery key to margin improvement. Target Rs 156.