View 14 reports from four analysts that provide long-term price targets for Mahindra CIE Automotive Ltd. The average target for the company is 389.75, which is an increase of 8.07% from the current price of 360.65.
What Is The Business Of Mahindra CIE?
Mahindra CIE Automotive Limited (MCAL), formerly Mahindra Forgings Limited, is a multi-location, multi-technology manufacturer of automotive components with facilities in India, Germany, Spain, Lithuania, and Italy on the European continent, as well as a plant in Mexico’s North
What Does Mahindra CIE Do?
Mahindra CIE Automotive Limited is a manufacturer of engine and steering components as well as a variety of other forged metal products. The company also designs, manufactures, installs, and repairs automotive components.
Is Mahindra CIE A Good Stock To Buy?
As of January 31, 2023, the MAHINDCIE SHARE’s closing price was 394.75. We recommend a strong buy for the long term with a stop loss of 256.73 and a strong buy for the short term with a stop loss of 324.79, and we anticipate that the stock will respond on the following important levels.
Is Mahindra CIE Debt Free?
Because Mahindra CIE Automotive’s net debt is only 0.96 times its EBITDA, and its EBIT, which is 26.6 times the size of its debt, easily covers its interest costs, we are pretty comfortable with its extremely conservative debt use.
- Breaking Down the Recent Vesuvius Share Price Rally on the NSE - March 23, 2023
- Understanding the Factors Driving Vikas Multicorp’s Share Price on BSE - March 23, 2023
- Analyzing the Major Factors Affecting National Express Share Price in 2021 - March 23, 2023