While the electric shift appears to be imminent, the brokerage firm thinks the pace of adoption will be gradual and the use case is limited to scooters which comprise of being 30% of the overall 2Ws segment. ,find a better way synonym
free slot machines win real money no deposit,They highlight that Stock valuations are near to below 10-year mean levels and that offers a favorable risk-reward. A potential earnings recovery on cycle normalization & peaking of commodity headwinds from 2H makes the case for taking selective long bets mentioned in the report.
BoFA Securities’ top pick in 2W space is Bajaj Auto for which the TP is Rs.4500/share. As per them Bajaj Auto seems to have the right exposure to the right segments.,viktor galovic
Along with this, they see 15% upside on Hero Moto with TP of Rs.3200/share while suggesting a Buy on back of compelling risk reward & festive led volume uptick key catalyst.,spinway
dugout boost,The Brokerage Firm gave a Neutral rating to Eicher Motors for TP of Rs.2950/share as they see risk of earnings cuts for the company along with valuations cap upside. On TVS Motors, they gave a Sell rating for TP of Rs.510/share as 50% of the portfolio is prone to e-disruption or in low growth.