Capital Goods-Non Electrical Equipment · APAT
Steel - Tubes/Pipes
from 1,944 today
We roll our estimates over to 1HFY29E (from FY28E) and maintain BUY rating with a revised TP of INR 2,285 at a target P/E multiple of 32x 1HFY29E earnings, as pricing power offsets volume loss.
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.
