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Buy Kirloskar Oil Engines Says Motilal Oswal, Sees 38% Upside, Revises Target Price

Motilal Oswal continues to reiterate Buy on Kirloskar Oil Engines as it expects it to benefit from improved sales from higher HP segments, exports, and improving trajectory of the B2C segment.

<div class="paragraphs"><p>Kirloskar Oil is ready for the CEV5 norm shift in the industrial segment from January 2025 onwards and is gradually increasing its presence in export markets.</p><p>Representational image: Staff at Kirloskar Oil Engines Ltd.'s manufacturing plant. (Source: Company website)</p></div>
Kirloskar Oil is ready for the CEV5 norm shift in the industrial segment from January 2025 onwards and is gradually increasing its presence in export markets.

Representational image: Staff at Kirloskar Oil Engines Ltd.'s manufacturing plant. (Source: Company website)

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