May 05 2016 05:53 PM
Ravi Shenoy of Motilal Oswal has upgraded the target for Cholamandalam Investment and Finance by Rs 300-400 remaining to development in advantage under management (AUM) and low operating expenditures.
He added, “going forward, the company will post better results as the recovery in commercial vehicle segment accelerates”
For TVS Motor , the limits have been a displeasure, said Shenoy.
Shenoy has downgraded the target by 5 % and also abridged the target for Federal Bank and upgraded for Can Fin Homes .
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