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3M India Q1 Results Review - Ebitda Margin Near Its Historical Peak; Downgrade To Add: ICICI Securities

While the brokerage remains positive on the company led by long-term growth potential, it downgrades the stock to Add from Buy on 19.5% rally in stock price over the past six months.

<div class="paragraphs"><p>Weather proofing kit by 3M India Ltd. (Source: Company website)</p></div>
Weather proofing kit by 3M India Ltd. (Source: Company website)
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.
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