Capital Goods-Non Electrical Equipment · CU
Abrasives & Grinding Wheels
from 1,121 today
We upgrade our rating from 'Reduce' to 'Hold' given healthy outlook in Ceramics division with a SoTP-based revised TP of Rs1,072 valuing Abrasives/Ceramics/Electrominerals at 35x/41x/15x Mar'28E.
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.
