ICICI Securities Limited
ZF CV Control Systems India’s (ZFI) Q3FY23 EBITDA margin at 13.7% was up marginally by 10bps QoQ despite 60bps improvement in GM as other expense line item was up 20% (as against QoQ revenue growth of 11%).
Anand Rathi released a Buy report for ZF Commercial Vehicle Control Systems India Ltd. with a price target of 16000.0 on 18 May, 2025.
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