Buy Mahindra CIE Automotive, target price Rs 240: ICICI Direct

ICICI Direct has buy call on Mahindra CIE Automotive with a target price of Rs 240. The current market price of Mahindra CIE Automotive Ltd. is Rs 218.55. Time period given by analyst is three month when Mahindra CIE Automotive Ltd. price can reach defined target.
Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 8164.34 Crore) operating in Auto Ancillaries sector.
FinancialsFor the quarter ended 31-03-2021, the company reported a Consolidated…

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