Top Picks - Upcoming Monsoon Critical for Broad-Based Recovery - June 2023
Axis Top Picks basket delivered impressive returns of 25% in the last one year, outperforming the benchmark Index NIFTY 50 (12% returns in one...
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Mahindra CIE Automotive Ltd - Upbeat on Continued Operational Outperformance
Mahindra CIE’s revenue from continuing operations stood in line with our estimates at ~Rs 2,440 Cr in Q1CY23, up 18.4%/8.6% on a YoY/QoQ basis.
265 Views
Mahindra CIE - Market Share Gains & Profitability to Drive Growth
We initiate coverage on Mahindra CIE Automotive (MCIE) with a BUY recommendation and price target of Rs 475/share, implying an upside of 27% from...
268 Views
Mahindra CIE (MCI) - Steady Performance, Healthy Demand Outlook…
Mahindra CIE (MCI), part of the Spain-based CIE Automotive Group, is a multi-technology, multi-product automotive component supplier.
191 Views
Mahindra CIE Automotive - Strong India Operations Outweighing Weak EU
In the EU, Metalcastello is fully booked and management expects it to deliver ~EUR80mn revenue in FY23 while the two CIE plants are expected to...
155 Views