CYIENT, Challenges ebbing steadily – re-rating on the cards Call & Research Report by Motilal Oswal Sector: IT Services & Consulting CMP Rs. 966, Target Rs. 1170 (21% upside potential) Target Period: 12 Months ● Cyient (CYL)’s operating performance has inherently been subdued over the past several years as a few of its growth engines […]
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CYIENT, 21% upside
DEEPAK NITRITE, Headwinds to persist as new capacities are added Call & Research Report by Motilal Oswal Sector: Commodity Chemicals CMP Rs. 1789, Target Rs. 1890 (7% upside potential) Target Period: 12 Months ● The phenol/acetone spread over raw materials has declined 16% YoY to INR90/kg during 2HFY23 till date (v/s INR107/kg in 2HFY22) on […]
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