Capital Goods-Non Electrical Equipment
Compressors
from 610 today
Elgi Equipments reported a healthy Q1FY27 performance with revenue growth of ~23% YoY and EBITDA margin improvement, supported by broad-based growth across India and key international markets. We maintain our 'Accumulate' rating on the stock valuing it at a PE of 35x Mar'28E arriving at a TP of Rs638.
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.
