Rohan Korde, Auto Analyst at Prabhudas Lilladher recommends buying Motherson Sumi Systems for a target of Rs 340.
Rohan Korde of Prabhudas Lilladher has toned down his EPS estimate for FY16 by 8.5 percent and for FY17 by 7 percent to factor in slightly lower margins, slightly higher discounts and lower non-operating income.
Rohan Korde - auto analyst at domestic brokerage firm, Prabhudas Lilladher, says in the two-wheeler space, he is optimistic on Bajaj Auto despite the recent weakness in its export performance.
Korde estimated JLR's margins at 17.5 percent this year, compared to 18.5 percent last year
Rohan Korde, Auto Analyst at Anand Rathi Securities is of the view that Maruti Suzuki India may slip to Rs 1475.
Rohan Korde, Auto Analyst at Anand Rathi Securities is of the view that one may avoid TVS Motor Company.