Samvardhana Motherson Share Price Soars After Strong Financial Results in March 2024 Quarter
After the release of the financial results for the March 2024 quarter, several global brokerage firms recommended investing in Tata Steel, GMR Airport, Cummins India, Samvardhana Motherson, and Alembic Labs shares. If you are looking to invest in the stock market, this news is in your favor. By purchasing these shares, you can earn strong profits. The target prices for these shares have been upgraded.
- GMR Airport: Experts at Jafferys Firm have set a target price of ₹100 for the company’s shares. The company’s EBITDA is expected to grow by 2.8 times annually in the financial year 2024-25.
- Cummins India: Experts at Nomura Firm have set a target price of ₹3,040 for the company’s shares. The company saw a 51% increase in profits in the March 2024 quarter.
- Samvardhana Motherson: Experts at Jafferys Firm have set a target price of ₹175 for the company’s shares. The company’s EBITDA increased by 48% year-on-year in the March 2024 quarter.
- Alembic Labs: Experts at Jafferys Firm have set a target price of ₹4,200 for the company’s shares. Despite lower-than-expected domestic sales in the March 2024 quarter, the company is expected to see a revenue growth of 10% by 2025.
Overall, these stocks are showing promising trends, and investing in them could lead to significant returns. Stay updated with the latest stock market news to make informed investment decisions.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
