We stay cautious on the pricing factor and the price volatility, which might impact the profitability and stock returns.
The company reported a disappointing Q4 on the back of weak performance of the sugar segment which is expected to remain a drag on the overall profitability in the coming year.
Dynamic Levels is bullish on DCM Shriram has recommended buy rating on the stock with a target price of Rs 280 in its research report dated August 26, 2016.
Emkay is bullish on DCM Shriram and has recommended buy rating on the stock with a target price of Rs 131 in its research report dated February 3, 2016.
Brokerage house Emkay Global Financial Services is bullish on DCM Shriram and has recommended accumulate rating on the stock with a target price of Rs 229 in its research report dated February 6, 2015.
Brokerage house Emkay Global Financial Services is bullish on DCM Shriram and has recommended buy rating on the stock with a target price of Rs 246 in its research report dated November 14, 2014.