BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
HDFC Securities Recommends 'Buy' On Omax Autos
According to HDFC Securities, Omax Autos has been diversifying its revenue base and an increased contribution from Railways and the 4W segment should result in better margins and credit metrics for the company. The closure of one plant would reduce fixed costs and lower employee expenses, the brokerage adds.