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Buy ABB India, target price Rs 8,500: Motilal Oswal Financial Services
Motilal Oswal maintains a buy call for ABB India, setting a target price of Rs 8,500. The brokerage projects strong revenue growth and robust profit margins for the company in the coming years. This translates to a projected compounded annual growth rate of 27% in profit after tax from 2023 to 2026.
