Top pick in OEM space! M&M can rally up to 25%, says Nomura

Top pick in OEM space! M&M can rally up to 25%, says Nomura

Stating SUVs and farm implements to be high growth segments, brokerage firm Nomura maintained its buy rating on with a target price of Rs 1,718, which shows an upside potential of 25% from the current market price of Rs 1,368. “M&M remains our top pick. The company has been gaining a share across segments. We … Read more