Emkay lists out 8 stocks you can hold on to
Thu, Feb 07, 2013 at 09:45
Target: Rs 48
Rationale: Q3 operating performance is weak as new launch expenses and lower export incentives impact margins. A Likely upside risk from new launches and BMW deal and a raised volume growth estimate in FY14/FY15 to 14.7%/10.2% on new products is expected.