11 Stocks From Auto Sector Have 'Buy', 'Hold' Or 'Accumulate' Rating From Prabhudas Lilladher

Prabhudas Lilladher, a leading brokerage house has given a 'buy', 'hold', or 'accumulate' rating to 11 stocks from the auto sector. The businesses of these companies include the manufacturing of passenger vehicles, commercial vehicles, heavy vehicles like tractors, electrical vehicles, and/or tyre and auto ancillary companies.

As the companies posted their fourth quarterly numbers recently, the stock broking firm evaluated and revised their ratings. Based on the management guidance, and the results, the stock-broking firm has set a target price for each. The firm feels that investing in them will be beneficial in the long term. Given below are the details.

Company Name	Rating	Target Price (Rs/share)	Potential Upside/Downside (%)	Current Market Price (Rs/share)	Category
Ashok Leyland	Buy	215	43.33%	145.15	Mid cap
Bajaj Auto	Hold	4,130	-4.88%	4,622.35	Large cap
Bharat Forge	Buy	940	23.68	786.2	Large cap
CEAT	Accumulate	1,800	4.83	1,985.60	Mid cap
Eicher Motors	Buy	4,030	18.39	3,706.90	Large cap
Endurance Technologies	Buy	1,670	20.58	1,411	Mid cap
Hero Motocorp	Buy	3,200	25.64	2,763.60	Large cap
Mahindra & Mahindra	Buy	1,560	29.78	1,334	Large cap
Maruti Suzuki	Buy	10,300	21.08	9,352.95	Large cap
Tata Motors	Buy	605	17.25	521	Large cap
TVS Motor Company	Buy	1,300	11.21	1,295.35	Large cap

All the above-mentioned companies are showing a potential movement, roughly between negative 4.88% to 43.33%.

Disclaimer

The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the author or the brokerage house will not be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.