Buy Motherson Sumi Wiring India; target of Rs 80: Emkay Global FinancialMoneycontrol • 20 days ago
Emkay Global Financial is bullish on Motherson Sumi Wiring India has recommended buy rating on the stock with a target price of Rs 80 in its research report dated April 02, 2024.
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The growing trend of premiumisation along with the shift towards electric vehicles (EVs) signals positive prospects for the companies
Nifty could extend its uptrend towards next resistances of 22,600-22,700 followed by 23,000-23,100. Supports for the Nifty are seen at 22,200 and 21,800.
Motilal Oswal is bullish on Motherson Wiring recommended buy rating on the stock with a target price of Rs 75 in its research report dated February 01, 2024.
As the market advances, it is advisable to focus on risk management and have a selective approach while looking out for thematic movers amidst the ongoing sectoral rotation, Sameet Chavan said.