Market Dashboard
BSE Code: | NSE Code: | ISIN: | Sector:
NSE
291.55
| Change | Change % |
| 4.90 | 1.71% |
Updated:19 Sep, 2018, 15:57 PM IST |
|
BSE
291.05
| Change | Change % |
| 4.65 | 1.62% |
Updated:19 Sep, 2018, 16:01 PM IST |
|
Research Report Detail
| Brokerage Analyst |
Report Date | Call | Price@Call | Target Price Stop Loss |
Current Status | Time Horizon |
|---|---|---|---|---|---|---|
| CLSA N/A |
04-09-2015 | Sell | 300.00 | 325.00 N/A |
Target Hit | Custom 04-09-2016 |
CLSA Maintains Underperform on Motherson Sumi
CLS has maintained its 'underperform' outlook on Motherson Sumi for target price of Rs 325. CLSA has cut its target price from Rs 380. It says that concerns such as slow Indian auto recovery, slower-than-expected margin improvement at SMP and weakness in China would weigh on the company. CLSA adds that the Street estimates are too high and valuations have declined but are not cheap.
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