WABCO India Ltd.

NSE: WABCOINDIA | BSE: 533023 | ISIN: INE342J01019 |Industry: Auto Parts & Equipment
|Falling Comet
4983.10 -43.95 (-0.87%)
NSE Oct 22, 2020 15:31 PM
Volume: 1,594
 

WABCO India Ltd.    
16 Aug 2019
4983.10
-0.87%
ICICI Securities Limited
Increasing wallet share key to mitigate CV pain, going forward! The domestic CV space is currently witnessing a sharp slowdown brought on by NBFC-led liquidity and financing crunch, overcapacity caused by revised axle load norms and poor freight demand. Coupled with the inherent cyclicality of the segment, prospects for meaningful volume growth over the medium term appear bleak. With WIL being a dedicated CV play, the same is seen adversely impacting the company also, albeit to a lesser extent, given its demonstrated ability and continued focus on increasing wallet share per...
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WABCO India Ltd. has an average target of 6282.00 from 2 brokers.
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