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Recommendation: Buy; Target Price: Rs 449

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Recommendation: Buy; Target price: Rs 545

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The manufacturer of the S-Presso and Eeco models, which were produced between July 5 and February 15, 2023, revealed that it is recalling 87,599 of those vehicles.

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Recall that in 2019, the company had proposed a proportionate tender offer route buyback of up to 6.10 crore shares from its equity shareholder.

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Company could post strongest performance among peers.

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The net profit for Q1FY24 reached Rs 313 crore

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The alliance will also prioritize reducing e-waste as an impact area.

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