Textiles
Textiles - Home Textile
from 401 today
We are building in revenue/EBITDA/PAT CAGR of 20%/40%/67% over FY26–29E; initiate at 'BUY' with a TP of INR541 at 12x TTM H1FY29 EV/EBITDA.
We initiate coverage on Indo Count Industries (ICNT IN) with a BUY, led by leadership in bed linen, asset-light operating model, strong positioning in fast-growing US utility bedding market and focus on branded revenue.
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.