ICICI Securities has reiterated its BUY recommendation on CIE Automotive India, setting a 12-month target of Rs 600, implying roughly 20% upside from the current market price of Rs 500.
Motilal Oswal has initiated coverage on Northern Arc Capital (NACL) with a BUY call, citing its successful pivot toward a Direct-to-Customer (D2C) retail model, scalable technology backbone, divers
Motilal Oswal remains positive on technology major Mphasis, arguing that fears around AI-led disruption are overstated relative to enterprise realities.