|
10 Oct 2025 |
CIE Automotive
|
Consensus Share Price Target
|
415.60 |
492.17 |
- |
18.42 |
buy
|
|
|
|
|
21 Mar 2023
|
CIE Automotive
|
ICICI Securities Limited
|
415.60
|
466.00
|
352.05
(18.05%)
|
Target met |
Buy
|
|
|
We recently interacted with the management of Mahindra CIE (MACA) and following are the key takeaways from the meeting: 1) MACA is prepared to deliver 800bps higher than OEM industry growth in the longer run through mix of portfolio diversification and wallet share gains.
|
|
08 Mar 2023
|
CIE Automotive
|
Geojit BNP Paribas
|
415.60
|
376.00
|
407.70
(1.94%)
|
Target met |
Sell
|
|
|
|
|
24 Feb 2023
|
CIE Automotive
|
ICICI Direct
|
415.60
|
500.00
|
448.60
(-7.36%)
|
Target met |
Buy
|
|
|
|
|
23 Feb 2023
|
CIE Automotive
|
Motilal Oswal
|
415.60
|
450.00
|
387.55
(7.24%)
|
Target met |
Buy
|
|
|
|
|
23 Feb 2023
|
CIE Automotive
|
ICICI Securities Limited
|
415.60
|
466.00
|
387.55
(7.24%)
|
Target met |
Buy
|
|
|
Mahindra CIE (MACA) once again reported resilient performance in an adverse environment with Q4CY22 EBITDAM at 13% (flat QoQ) despite lower revenue in India and an inflated cost environment in the EU. QoQ basis, India revenue was down 6% vs EU revenue being up 8%, resulting in largely flat consolidated revenue.
|
|
12 Jan 2023
|
CIE Automotive
|
ICICI Securities Limited
|
415.60
|
466.00
|
351.20
(18.34%)
|
Target met |
Buy
|
|
|
Mahindra CIE (MACA) board recently expressed intent to sell off the company’s less profitable EU truck forging arm and focus on EU light vehicle EV components going ahead.
|
|
22 Dec 2022
|
CIE Automotive
|
ICICI Direct
|
415.60
|
410.00
|
319.90
(29.92%)
|
Target met |
Buy
|
|
|
|
|
18 Nov 2022
|
CIE Automotive
|
Geojit BNP Paribas
|
415.60
|
323.00
|
298.00
(39.46%)
|
Target met |
Hold
|
|
|
|
|
19 Oct 2022
|
CIE Automotive
|
ICICI Direct
|
415.60
|
380.00
|
317.40
(30.94%)
|
Target met |
Buy
|
|
|
|
|
19 Oct 2022
|
CIE Automotive
|
ICICI Securities Limited
|
415.60
|
378.00
|
312.35
(33.06%)
|
Target met |
Buy
|
|
|
Mahindra CIE’s (MACA) reported resilient performance in an adverse environment with its Q3CY22 EBITDA margin at 12.8%.
|