Maintain BUY with a revised TP of Rs 270 (Rs 260 earlier) based on our PE multiple of 18x on FY24EPS. However, undemanding valuations, +5% dividend yield, and visible recovery across key businesses...
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.