🔹UBS ON EXIDE
Maintain Buy, target `182
Sales 4% ahead of expectations, results ahead of consensus
Higher sales due to improved demand in automotive & industrial battery segments
Expect positive momentum of inverter sales in Q4FY16 to continue in Q1FY17
Buy rating driven by strong brand franchise & reasonable valuations
Maintain Buy, target `182
Sales 4% ahead of expectations, results ahead of consensus
Higher sales due to improved demand in automotive & industrial battery segments
Expect positive momentum of inverter sales in Q4FY16 to continue in Q1FY17
Buy rating driven by strong brand franchise & reasonable valuations
No comments:
Post a Comment