HomeNewsBusinessMoneycontrol ResearchMahindra CIE: A decent show in Q3 CY21, valuation attractive

Mahindra CIE: A decent show in Q3 CY21, valuation attractive

Demand in both India and Europe continues to be strong and the performance of Mahindra CIE is set to improve, with the likely easing of chip shortage. Further, the EV space provides huge opportunities. The company can beat industry growth

Nitin Agrawal

October 18, 2021 / 10:20 IST

Mahindra CIE: A decent show in Q3 CY21, valuation attractive

Mahindra CIE Automotive | Company reported profit at Rs 60.7 crore in Q3CY20 against Rs 61.17 crore YoY, revenue fell to Rs 1,694.3 crore from Rs 1,868.5 crore YoY. (Image: mahindracie.com)

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More