Realty
EPC
from 794 today
Ahluwalia reported a weak Q1FY27 print with margins impacted by minimum wage hikes and a one-off drag, prompting a downgrade to HOLD as near-term cost pressures cloud the outlook.
We change our rating from BUY to HOLD with a target price of Rs 755/share, as cost headwinds and margin pressures led to a downgrade in earnings estimates despite a robust order book.
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.
