Profit

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
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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