Posts tagged Transformers and Rectifiers India
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| Transformers and Rectifiers India is firing on all cylinders. Buy for Target Price of Rs 86 (35% upside): ICICI Direct | |
| Company: | Transformers and Rectifiers India |
| Brokerage: | ICICI-Direct |
| Date of report: | January 10, 2023 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 35% |
| Summary: | After many years of stagnant performance, growth prospects are looking bright across all parameters. Revenue CAGR of 20% in FY2224E coupled with margins hitting 10.8% in FY24E will enable TRIL to post its best ever profitability performance. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ICICI Securities, Nano Nivesh |