Motherson Wiring shares can rally up to 22%: Nomura
Stating high structural growth visibility for wiring harness content, brokerage house Nomura initiated coverage on Motherson Sumi Wiring with a Buy rating and a target of Rs 62, indicating an upside potential of 22% from the current market price of Rs 50.9 per share. “The Indian PV industry is undergoing various structural changes, such as … Read more