Click it and Unblock the Notifications
11 Stocks From Auto Sector Have 'Buy', 'Hold' Or 'Accumulate' Rating From Prabhudas Lilladher
Prabhudas Lilladher, a leading brokerage house has given a 'buy', 'hold', or 'accumulate' rating to 11 stocks from the auto sector. The businesses of these companies include the manufacturing of passenger vehicles, commercial vehicles, heavy vehicles like tractors, electrical vehicles, and/or tyre and auto ancillary companies.
As the companies posted their fourth quarterly numbers recently, the stock broking firm evaluated and revised their ratings. Based on the management guidance, and the results, the stock-broking firm has set a target price for each. The firm feels that investing in them will be beneficial in the long term. Given below are the details.
| Company Name | Rating | Target Price (Rs/share) | Potential Upside/Downside (%) | Current Market Price (Rs/share) | Category |
|---|---|---|---|---|---|
| Ashok Leyland | Buy | 215 | 43.33% | 145.15 | Mid cap |
| Bajaj Auto | Hold | 4,130 | -4.88% | 4,622.35 | Large cap |
| Bharat Forge | Buy | 940 | 23.68 | 786.2 | Large cap |
| CEAT | Accumulate | 1,800 | 4.83 | 1,985.60 | Mid cap |
| Eicher Motors | Buy | 4,030 | 18.39 | 3,706.90 | Large cap |
| Endurance Technologies | Buy | 1,670 | 20.58 | 1,411 | Mid cap |
| Hero Motocorp | Buy | 3,200 | 25.64 | 2,763.60 | Large cap |
| Mahindra & Mahindra | Buy | 1,560 | 29.78 | 1,334 | Large cap |
| Maruti Suzuki | Buy | 10,300 | 21.08 | 9,352.95 | Large cap |
| Tata Motors | Buy | 605 | 17.25 | 521 | Large cap |
| TVS Motor Company | Buy | 1,300 | 11.21 | 1,295.35 | Large cap |
All the above-mentioned companies are showing a potential movement, roughly between negative 4.88% to 43.33%.
Disclaimer
The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the author or the brokerage house will not be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.
Sign in with Google