Profit

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

NSE
259.30
Change Change %
-6.80 -2.56%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
259.70
Change Change %
-5.45 -2.06%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
29-06-2015 Buy 198.00 262.00
N/A
Target Hit Custom
29-06-2016

Credit Suisse initiates Mahindra CIE Automotive with outperform

The company is well placed to benefit from end-market stabilisation. Expect around 35 per cent earnings CAGR over FY15-18 estimated earnings. Low capex needs would result in strong free-cash-flow generation. Stock trading at 25 per cent discount to Bharat Forge.

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