| Subscribe To Our Free Newsletter |
Buy CIE Automotive India, target price Rs 600: Axis Securities
Axis Securities recommends buying CIE Automotive India Ltd. with a target price of Rs 600. The company, with a market cap of Rs 18507.19 crore, reported a net profit of Rs 193.36 crore for the latest quarter. Promoters hold 65.7% stake. The management expects to outperform the Indian industry in the medium term.
