Factors such as incremental volume from the premium bike segment, strong product lineup, and improving demand for entry-level bikes may help the country’s largest bike maker in mitigating the margin pressure from the EV segment and retain its outperformance on bourses.
PL Capital predicts Nifty bull case target at 27,590, flags 23 SMID, largecap stocks as high conviction picks
Prabhudas Lilladher Capital maintains a positive long-term outlook on Indian equities, projecting a Nifty bull case target of 27,590, while revising its 12-month base case