Status: Pending
Age: New (2025-08-13)
Broker Anand Rathi Upgrades Greenlam Industries to Buy with target of ₹313
Brokerage
Anand Rathi
Analyst
Brokerage Team
Position
Bullish
Start Date
2025-08-13
Horizon
Short Term
Target Price and Expected Returns
Start Price
232.91
Target Price
₹313
Expected Returns
34.37%
Summary
Anand Rathi is bullish on Greenlam Industries, recommending a buy rating with a 12-mth target price of ₹313, supported by revenue growth and improved profitability metrics.
Anand Rathi's justification for Greenlam Industries target price prediction
- Revenue grew 11.4% year-over-year to ₹6.7bn.
- Gross margin expanded by 102bps year-over-year to 53%.
- Expecting 17-65% revenue and PAT CAGRs from FY25 to FY28.
- The stock fell by 15% in the month, offering a good buying opportunity.
- Upgrade from earlier recommendation, maintaining a target price of ₹313.
Sources:
https://www.moneycontrol.com/news/business/markets/buy-greenlam-industries-target-of-rs-313-anand-rathi-13483288.html
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