Joindre Capital Services has initiated coverage on Mayur Uniquoters with a BUY rating and a target of Rs 899 against a current price of Rs 731, implying roughly 23 percent of upside.
Tractor horsepower affects how comfortably a machine can pull implements, operate PTO-driven equipment, move loads, and work through different soil conditions.
ICICI Securities has maintained its BUY rating on Motherson Sumi Wiring India, keeping its target price unchanged at Rs50 — a 25% upside from the current market price of Rs40.
ICICI Securities has upgraded Eicher Motors to Buy from Hold, raising its target price to Rs 9,500 from Rs 7,400, implying 22% upside from the current market price of Rs 7,779.
ICICI Securities has maintained a Buy rating on Hyundai Motor India, trimming its target price slightly to Rs 2,450 from Rs 2,475, still implying 21% upside from the current market price of Rs 2,01