Investment firm Anand Rathi upgrades Astral’s rating to Buy. The target price is Rs 2,666. Anand Rathi forecasts robust growth in revenue, EBITDA, and PAT. The company anticipates growth in plumbing and paints. Astral’s balance sheet remains strong. The firm projects 10-15% volume growth in plumbing. They also project 15% revenue growth in paints and adhesives for FY25.
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