BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HDFC Securities maintains buy on PPAP Automotive
Improving road infrastructure and the increasing shift to road travel would lead to higher demand for passenger vehicles. Strong growth seen in demand of Maruti vehicles which account for around 50 per cent of PPAP's revenues would lead to robust demand for the company's products, HDFC Secueities said.