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MM Forgings - Attractive Valuation; Retaining A 'Buy': Anand Rathi

The brokerage reckons the domestic medium and heavy commercial vehicle volume uptrend would hold at a 5% compound annual growth rate over FY24-27, on economic activity and replacement demand.

<div class="paragraphs"><p>(Source: Jonny Gios/ Unsplash)</p></div>
(Source: Jonny Gios/ Unsplash)
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