The brokerage prefers M&M over Tata Motors, followed by TVS Motor and Hero MotoCorp.
Neutral rating, Target raised to Rs 9487 from Rs 8790, Potential downside: Around 1%
Outperform rating, Target raised to Rs 2660 from Rs 2335, Potential upside: 9%
Outperform rating, Target raised to Rs 6177 from Rs 5707, Potential upside: 12%
Neutral rating, Target raised to Rs 4442 from Rs 4178, Potential downside: over 8%
Eicher Motors
Neutral rating, target raised to Rs 12092 from Rs 11565, Potential downside: over 5%
Eicher Motors