The brokerage maintains Buy with a revised target price of Rs 483, implying 25 times FY26E earnings; change in target price is driven by earnings rollover.
Automotive components. (Source: usbofphotography for pexels)
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.