Capital Goods-Non Electrical Equipment
Compressors
from 4,606 today
Ingersoll-Rand India reported a healthy quarter, with revenue growing 20% YoY to Rs3.8bn and EBITDA margin expanding 23bps YoY to 23.8%, supported by better operating leverage. We maintain our 'Accumulate' rating on the stock with a revised TP of Rs5,029 valuing the stock at a PE of 42x 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.
