Buy Wabco; target of Rs 6000: Firstcall

Firstcall's research report on WabcoWABCO INDIA LIMITED was established in 1962. The company was formerly known as WABCO-TVS (INDIA) Limited and changed its name to WABCO India Limited in August 2011. WABCO India Limited is a subsidiary of WABCO Asia Private Limited. WABCO INDIA designs, manufactures and markets conventional braking products, advanced braking systems, and other related air assisted products and systems. The company has grown significantly in the Indian commercial vehicle market. WABCO INDIA serves its aftermarket customers through a wide national distribution network. With five world-class manufacturing facilities, software design center and a test track in India, WABCO INDIA excels in engineering and manufacturing. With its outstanding engineering and manufacturing capabilities and local sourcing network, WABCO INDIA designs, manufactures and markets conventional braking products, advanced braking systems and other related air-assisted products and systems, directly serving customers locally and through WABCO internationally. We recommend ‘BUY’ in this particular scrip with a target price of Rs. 6000.00 for Medium to Long term investment.

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