Market Dashboard
BSE Code: | NSE Code: | ISIN: | Sector:
NSE
151.90
| Change | Change % |
| 8.40 | 5.85% |
Updated:16 Nov, 2018, 14:24 PM IST |
|
BSE
149.30
| Change | Change % |
| 6.25 | 4.37% |
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 |
|---|---|---|---|---|---|---|
| CLSA N/A |
11-08-2016 | Sell | 329.95 | 255.00 N/A |
Closed | Long (1Y) 11-08-2017 |
CLSA maintains sell on Motherson Sumi Systems
CLSA has maintained "sell" rating on Motherson Sumi with a target price of Rs 255. The stock has rallied 55 per cent from February lows. Valuation looks expensive after recent rally. We have cut FY17 and FY18 earnings per share estimates of the company by 5-8 per cent.
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