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Buy CIE Automotive India; target of Rs 500: ICICI Securities

ICICI Securities is bullish on CIE Automotive India has recommended buy rating on the stock with a target price of Rs 500 in its research report dated May 01, 2025.

ICICI Securities has recommended buying shares of CIE Automotive India, setting a target price of Rs 500, as detailed in their research report dated June 23, 2023. The brokerage firm's positive outlook is based on CIE Automotive's robust performance in the Indian market, particularly in the automotive components sector. The report highlights the company's strong fundamentals, including improved operational efficiency and a favorable market position, which are expected to drive future growth. Investors are advised to consider this stock for potential long-term gains.

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https://www.moneycontrol.com/news/business/stocks/buy-cie-automotive-india-target-of-rs-500-icici-securities-13013065.html