FMCG · BIKAJI
FMCG - Snacks
from 624 today
We maintain our BUY rating with a revised target price of Rs 740, underpinned by robust demand momentum, ongoing distribution expansion, and strong brand-building emphasis.
We expect BFL to benefit from accelerating demand for branded snacks, shifting consumer preferences, and increasing traction within modern trade and e-commerce channels. We reiterate our BUY rating with a DCF-based TP of INR770.
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.
