Wednesday, 18 February 2015

Today Free Stock Market Status on Mobile

Nomura says seeing start of a multi-year commercial vehicle upcycle in India due to signs of a strong uptick in truck demand.Expects medium and heavy commercial vehicles to deliver 22 pct CAGR over FY15-19.Top picks include Ashok Leyland, Eicher Motors , Tata Motors and Bharat Forge.Starts coverage on Eicher Motors with "Buy" rating and target price of 19,915 rupees.

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