Buy Enkei Wheels India Ltd For Target Rs. 417 - Sushil Finance
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
We had reinstated coverage on Enkei Wheels (India) Ltd. with an Accumulate rating on August 01, 2019 at Rs.354 for a target price of Rs.417 showcasing an upside of ~18%. Subsequently, the rating was changed to BUY in our Q2 FY20 result update dated November 14, 2019 at the then prevailing price of Rs.308. Further, on July 14, 2021, we changed our rating to HOLD.
With the recent run-up in the share price and considering the volatility in the market, we recommend our investors to book profits at the current price as we close our coverage on the company and we change our rating to Neutral.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimer
Member : BSE/ NSE/ MSEI. SEBI Registration No.-INZ000165135.
Above views are of the author and not of the website kindly read disclaimer
