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    • Festive season to guide trend; buy Tata Motors, M&M: Nomura

      Normura has Tata Motors as their top pick with a target price of Rs 391.They remain positive on Mahindra and Mahindra too. Amongst the auto ancillaries they have a buy on Amara Raja Batteries, Exide and Bharat Forge.

    • Maruti, M&M good bets, neutral on Tata Motors: Nomura

      Kapil Singh, Auto Analyst at Nomura has a buy call on Maruti and M&M. He gave the target price on Maruti of Rs 2,259 per share and on M&M Rs 1,125 per share.

    • Tractor demand improves, buy Mahindra and Mahindra: Nomura

      Nomura's auto analyst, Kapil Singh says one can buy Mahindra and Mahindra (M&M) with a target price of Rs 1,125. According to him, tractor is a higher margin business for the company.

    • Nomura positive on 4-wheeler space, says avoid 2-wheeler

      Nomura's auto analyst, Kapil Singh is positive on four-wheeler space and suggests avoiding two-wheeler space because demand for the industry has been slow.

    • Nomura bearish on truck/bus sales, 'neutral' on Tata Motors

      Brokerage house Nomura has retained its ‘neutral’ rating on Tata Motors after the company’s May sales fell 3.2% compared to April.

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