Engineering
Electrical Equipments/HVDC
from 530 today
Skipper's Q1 print stood healthy despite strong headwinds on costs and trade disruptions, with revenue growth moderating to 4% yoy. We maintain BUY with TP of Rs570 based on FY28 EPS.
We revise our rating on the stock to BUY from HOLD with a target price of Rs 605/share, driven by a strong order book, capacity expansion on track, and positive demand visibility.
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.
