|
17 Sep 2025 |
CIE Automotive
|
Consensus Share Price Target
|
419.85 |
493.33 |
- |
17.50 |
buy
|
|
|
|
|
18 Oct 2022
|
CIE Automotive
|
Motilal Oswal
|
419.85
|
360.00
|
317.40
(32.28%)
|
Target met |
Buy
|
|
|
|
|
27 Sep 2022
|
CIE Automotive
|
ICICI Securities Limited
|
419.85
|
345.00
|
261.80
(60.37%)
|
Target met |
Buy
|
|
|
Company is targeting to take India revenue mix to ~60% vs 50% currently, driven by fast-growing profitable opportunities visible
|
|
29 Jul 2022
|
CIE Automotive
|
Geojit BNP Paribas
|
419.85
|
284.00
|
269.25
(55.93%)
|
Target met |
Accumulate
|
|
|
|
|
25 Jul 2022
|
CIE Automotive
|
ICICI Direct
|
419.85
|
325.00
|
258.30
(62.54%)
|
Target met |
Buy
|
|
|
|
|
24 Jul 2022
|
CIE Automotive
|
Motilal Oswal
|
419.85
|
315.00
|
258.30
(62.54%)
|
Target met |
Buy
|
|
|
|
|
10 Jun 2022
|
CIE Automotive
|
Geojit BNP Paribas
|
419.85
|
236.00
|
198.50
(111.51%)
|
Target met |
Buy
|
|
|
|
|
27 Apr 2022
|
CIE Automotive
|
ICICI Direct
|
419.85
|
275.00
|
225.05
(86.56%)
|
Target met |
Buy
|
|
|
|
|
24 Feb 2022
|
CIE Automotive
|
ICICI Securities Limited
|
419.85
|
245.00
|
188.45
(122.79%)
|
Target met |
Buy
|
|
|
|
|
23 Feb 2022
|
CIE Automotive
|
Motilal Oswal
|
419.85
|
267.00
|
188.45
(122.79%)
|
Target met |
Buy
|
|
|
New order wins in EVs/hybrids; Focus on energy cost pass on to customers MACA's weak performance in 4QCY21 was reflection of high RM/energy cost and operating deleverage in both geographies. It is negotiating with customers to pass on hyper inflation in energy prices. There is good progress on order wins in EVs/hybrids in both geos. We cut our CY22E EPS estimates by 3.5% to account for margin pressures across both geographies and maintain CY23E EPS estimates. Maintain Buy with TP of INR267 (13X Dec-23 EPS)....
|
|
15 Oct 2021
|
CIE Automotive
|
Motilal Oswal
|
419.85
|
300.00
|
264.10
(58.97%)
|
Target met |
Buy
|
|
|
The focus is on winning new orders in the EV space MACA's strong performance in 3QCY21 was driven by strong revenue trajectory in its India operations, while its EU operations were affected by chip shortages and an adverse exchange rate. New order for EVs provides...
|