BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
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.