Dynamic Levels is bullish on Sona Koyo Steering Systems has recommended buy rating on the stock with a target price of Rs 80 in its research report dated October 19, 2016.
Dynamic Levels' research report on Sona Koyo Steering Systems
We recommend BUY in Sona Koyo @ 66 with the Target of 80 as Sona Koyo is the largest manufacturer of steering systems in India, catering to passenger cars, utility vehicles and light commercial vehicles. Sona Koyo is a multibagger as the price has more than doubled from recent low of 37 to 76. It has strong track record of generating superior shareholder returns higher than the benchmark indices.
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