Buy Kirloskar Oil Engines, target price Rs 1,540 : Motilal Oswal Financial Services

Motilal Oswal Financial Services has given a buy call for Kirloskar Oil Engines stock with a target price of Rs 1,540. The stock is currently trading at a significant discount compared to the market leader. They anticipate growth driven by higher HP segments, exports, and the B2C segment. Promoters hold a 41.17% stake in the company.