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.
Motilal Oswal Report
Cyient Ltd.’s service segment is shaping up quite well, with positive momentum in most of its growth engines. Conversely, other segments are on the verge of recovery and should incrementally contribute to its overall growth in FY24E.
On an SOTP basis, we are valuing its stake in design led manufacturing at market valuation with a holding company discount of 25%. We value the DET business at 25 times our FY25E earnings per share.
We maintain our 'Buy' rating on the stock on attractive valuations. Our SOTP based target price of Rs 2,250 implies an upside of 15%.
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
.png?rect=0%2C0%2C3500%2C1969&w=75)
Hero MotoCorp Q2 Results Review - Inline Operating Performance: Motilal Oswal
Nov 18, 2024
.jpg?rect=0%2C0%2C3500%2C1969&w=75)
Clean Science Q2 Results Review - Pressure On Margin Continues To Hurt Performance: Motilal Oswal
Nov 08, 2024
Marico Q2 Results Review - Improving Growth Outlook; Stable Urban; Upgrade To 'Buy': Systematix
Oct 30, 2024
Cyient DLM Q2 Results - Motilal Oswal Retains 'Buy' Rating On The Stock; Here's Why
Oct 22, 2024
POPULAR