Profit

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

NSE
153.15
Change Change %
0.00 0.00%

Updated:14 Nov, 2018, 15:59 PM IST

BSE
152.00
Change Change %
-1.60 -1.04%

Updated:15 Nov, 2018, 09:01 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
05-10-2016 Buy 327.80 387.00
N/A
Target Hit Long (1Y)
05-10-2017

Nomura initiates Motherson Sumi Systems with buy

Nomura has initiated coverage on Motherson Sumi with a "buy" rating for target price of Rs 387.Passenger vehicle recovery to drive domestic business. Strong order book offers visibility on overseas business. FY19 EPS estimates are 12 per cent ahead of consensus. We see further value-accretion through acquisitions.

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