NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Deven Choksey Research Report
We believe Cyient DLM Ltd. is well-positioned to deliver profitable growth during FY24-FY26E, supported by its strong long-term customer relationships, a strengthening order book, expansion plans in the U.S., and increased focus on B2S.
Accordingly, we project revenue, Ebitda, and net profit growth of 30%, 49%, and 59%, respectively, over FY24-FY26E.
Based on these growth prospects, we initiate coverage with a price-toearnings multiple of 43 times on FY26E EPS (0.7 times PEG) and a Buy rating, offering an upside of 18% (target price: Rs 842) from the current market price.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
.jpeg?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
PVR-INOX Q2 Results Review - Sequential Recovery; Q3 Likely To Be Robust: Motilal Oswal
Oct 16, 2024
Amber Enterprises - Robust Growth Outlook Intact: Systematix
Oct 07, 2024
Hotels Demand To Continue To Outstrip Supply, RevPAR To Grow At 8-9% In FY25: CareEdge Analysis
Sep 30, 2024
ICRA - Earnings Growth, RoE To Pick-Up From FY26: Yes Securities
Sep 20, 2024
POPULAR