Result Update:Automotive Axles
Axis Direct
We maintain a BUY rating with a 10% upside potential.
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
05 Nov 2024 | Automotive Axles |
Axis Direct
|
1858.80 | 1981.00 | 1792.35 (3.71%) | Target met |
Buy
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05 Nov 2024 | Automobiles & Auto Components |
Axis Direct
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Sector Update
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Monthly Auto Volume Update - October 2024
Axis Direct
On a medium-term outlook, we prefer 2W OEMs over PV and Tractor; and remain cautious in the CV space. We continue to prefer TVS and Hero Motocorp in the 2W segment; and M&M (non-coverage) as a play in the PV/LCV/tractor segment.
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05 Nov 2024 | World Economy and Markets |
Axis Direct
|
Daily Note
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Daily Fundamental View:5 November 2024
Axis Direct
Asian Markets are trading positive as investors prepare for the U.S. presidential election and a possible interest rate cut from the Federal Reserve later this week. Nikkei is trading higher by 1.23%, Hang Seng is trading higher by 0.48%, and Shanghai is trading higher by 1.11%.
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05 Nov 2024 | Steel Strips Wheels |
Axis Direct
|
235.85 | 265.00 | 214.40 (10.00%) | Target met |
Buy
|
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05 Nov 2024 | Larsen & Toubro |
ICICI Direct
|
3665.10 | 4262.00 | 3574.80 (2.53%) | 16.29 |
Buy
|
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05 Nov 2024 | Exide Industries |
ICICI Direct
|
391.05 | 570.00 | 443.55 (-11.84%) | 45.76 |
Buy
|
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05 Nov 2024 | PCBL |
ICICI Direct
|
398.25 | 600.00 | 423.50 (-5.96%) | 50.66 |
Buy
|
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05 Nov 2024 | Bank Nifty |
SBI Securities
|
56150.70 |
Daily Note
|
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05 Nov 2024 | Nifty 50 |
SBI Securities
|
24855.05 |
Daily Note
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05 Nov 2024 | Hatsun Agro Products |
ICICI Securities Limited
|
906.70 | 1250.00 | 1068.10 (-15.11%) | 37.86 |
Buy
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