Aerospace & Defence
Aerospace & Defence - Equipments
from 230 today
We like the Aerospace franchise here: a 23% margin, USD 1bn order book business now moving from machining into full assembly. We will monitor volume ramp-up of consumer electronics business to achieve guided EBITDA-breakeven in Q4FY27. Retain 'BUY' with a DCF-based TP of INR444.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
