Reports On Company: Pitti Engineering
| Pitti Engineering: Strategic operation will support improving ROE and ROCE to 25.8% and 26.7%. Buy for target price of Rs 915 (40% upside) | |
| Company: | Pitti Engineering |
| Brokerage: | Axis Securities |
| Date of report: | December 1, 2023 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 40% |
| Summary: | We initiate coverage on Pitti Engineering Ltd. (PEL) with a BUY recommendation. Our recommendation is supported by a) The company’s increasing capacity b) Its increasing share of value-added products, and c) Its expanding global footprints |
| Full Report: | Click here to view full post with link to download pdf file |
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