Profit

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

NSE
286.65
Change Change %
-1.10 -0.38%

Updated:18 Sep, 2018, 16:00 PM IST

BSE
286.40
Change Change %
-1.15 -0.40%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Credit Suisse
N/A
09-09-2015 Sell 285.20 280.00
N/A
Target Hit Custom
09-09-2016

Credit Suisse Maintains Underperform on Motherson Sumi

Credit Suisse has maintained 'underperform' on Motherson Sumi for target price of Rs 280 per share. Credit Suisse says that the stock has underperformed market by 10 per cent last month. Credit Suisse adds that it sees further EPS cuts going ahead and the stock trades at 21 times FY17E earnings. Motherson trades at 50 per cent premium to global peers. Credit Suisse prefers Bharat Forge over Motherson Sumi.

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