Reports On Company: mazagon dock
| Sell Mazagon Dock Shipbuilders for Target price Rs 600: ICICI Securities | |
| Company: | mazagon dock |
| Brokerage: | ICICI Securities |
| Date of report: | June 3, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Sell |
| Upside Potential: | -42% |
| Summary: | MDSL’s lack of order visibility offsets its near-term robust revenue estimate. As a result, we perceive unfavourable risk-reward at CMP. We maintain SELL on MDSL stock with an unchanged TP of Rs600 (based on DCF methodology) |
| Full Report: | Click here to view full post with link to download pdf file |
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