Sharekhan is bullish on Schaeffler India has recommended buy rating on the stock with a target price of Rs 3328 in its research report dated January 04, 2022.
Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender’s loan growth was slow despite the festive season. It said that despite underperformance, the stock remains “unjustifiably expensive.”