External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>We recommend a BUY on the stock and assign a 22x P/E multiple to the company's FY24E earnings of Rs 59.2/share. This gives a TP of Rs 1,300/share, implying an upside of 12% from CMP.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

We recommend a BUY on the stock and assign a 22x P/E multiple to the company's FY24E earnings of Rs 59.2/share. This gives a TP of Rs 1,300/share, implying an upside of 12% from CMP.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Cyient Ltd

Cyient: Robust Results; Healthy Outlook