External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>We continue to maintain out HOLD rating on the stock Target Price and Valuation: We value Timken at Rs 1740 i.e. 40x P/E on FY24E EPS Key triggers for future price performance:...</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 continue to maintain out HOLD rating on the stock Target Price and Valuation: We value Timken at Rs 1740 i.e. 40x P/E on FY24E EPS Key triggers for future price performance:...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.

Timken India: Strong Performance but Expensive Valuations