432.65
3.05%
ICICI Securities Limited
Mahindra CIE (MCI) reported a robust Q4CY18 performance led by healthy 220 bps QoQ margin improvement in European operations On a consolidated basis, MCI reported sales of | 1873.3 crore, up 15.8% YoY. It included MCI India sales of | 762.7 crore, up 14.5% YoY & MCI Europe sales of | 1119.9 crore, up 16.8% YoY EBITDA margins at the consolidated level were at 14.7% (up 116 bps QoQ) with MCI India reporting EBITDA margins of 14.9% (down 34 bps QoQ) while the same at MCI Europe was at 14.4% (up 225 bps QoQ)...
CIE Automotive India.. has an average target of 485.50 from 4 brokers.
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