Brokerages retain bullish calls on Motherson Sumi Wiring, see 15% upside
Motherson Wiring dominates the auto market with an estimated 55 percent-plus share in PV wiring harness and 25 percent-plus in the 2W segment.
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Motherson Wiring dominates the auto market with an estimated 55 percent-plus share in PV wiring harness and 25 percent-plus in the 2W segment.
Morgan Stanley maintains its 'overweight' call and expects the Thar-maker to remain the fastest-growing passenger vehicle manufacturer in FY25
Analysts were concerned about the delay in demand recovery, increased competition, and weak management guidance, which could negatively affect the stock's prospects in the near-term
Vedanta share price: The announcements were made post-market hours today. Vedanta shares slipped 0.96 per cent to settle at Rs 433.20.
Hudco is demanding scarcity premium for being the biggest beneficiary of GoI thrust on housing/infra, its niche business model characterized by high entry barriers, said Elara Capital.