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Pitti Engineering - Improving Profitability One Motor At A Time: Axis Securities Initiates Coverage With 'Buy'

We value the company at 19x on FY26 earnings to arrive at a TP of Rs 915/share, implying an upside of 40% from the current levels.

<div class="paragraphs"><p>Pitti Engineering Ltd., manufacturer of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors and machined components. (Source: Company website)</p></div>
Pitti Engineering Ltd., manufacturer of electrical steel laminations, motor cores, sub-assemblies, die-cast rotors and machined components. (Source: Company website)
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