Emkay 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 May 16, 2024.
In the near term, the sentiment may continue to weaken as long as Nifty 50 stays below 22,400. On the downside, the index might decline towards 22,150.
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.
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.