Axis Direct Broker Research reports

We maintain our BUY recommendation on the stock.

With a 7% upside from the CMP, we maintain our HOLD rating.

We maintain our BUY recommendation on the stock.

We continue to maintain our HOLD rating on the stock

We value the stock at a EV/EBITDA of 20x on H1FY28E earnings, arriving at a target price of Rs 1,120/share, implying an upside potential of 17%. We maintain our BUY recommendation on the stock.

We maintain our BUY rating with TP of Rs 835/share, implying upside of 12% from CMP.

With a 21% upside from the CMP, we maintain our long-term BUY rating on the stock.

We maintain a BUY rating on the stock.

We maintain our BUY recommendation on the stock.

We prefer TVS Motors, Hero Motocorp and Bajaj Auto in 2Ws (Eicher seems fully valued at CMP); M&M (non-coverage) as a play in the PV/LCV/tractor segment, followed by Maruti in PVs. We also like Ashok Leyland in the CV space, followed by a close watch on Eicher (VECV) for any market share gains.

With an 11% upside potential from the CMP, we maintain our BUY rating on the stock.

We revise our rating from HOLD to BUY

We maintain our BUY recommendation on the stock.

We maintain our BUY rating on the stock.

We maintain our BUY rating on the stock.

We maintain our SELL Rating on the Stock.

Asian markets are trading higher, tracking Wall Street's tech-driven gains. Nikkei, Hang Seng and Shanghai are all trading positively by 0.14%, 0.30%, and 0.15%, respectively.

We maintain our BUY rating on the stock.

We maintain our BUY recommendation on the stock, supported by its reasonable valuations.

We maintain our BUY recommendation on the stock