Capital Goods-Non Electrical Equipment · HARSHA
Bearings
from 410 today
Harsha Engineers reported a decent Q1FY27 performance with consolidated revenue growing 25% YoY. We upgrade our rating from HOLD to Accumulate given recent stock price correction with a revised target price of INR462, valuing the company at a PE of 20x 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.
