BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America maintains buy on Motherson Sumi
Sales likely to treble by 2019-20. Stock can rise over 3 times in next 5 years. Improvement seen in car demand cycle in India & Europe will help company. Market share gain capability drives view.