Emkay revises target upwards to 5150. Growth intact.
Systematix revises target downwards to 4900
Nuvama’s target is 4000 based on Dec 2023 report.
Looks like best play on white goods growth in hinterland as best white goods companies are not listed. Easy to understand business mode. Long runway of atleast a decade. Valuations are ok based on growth anticipated and execution so far.
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