Cello World Faces Sell Call From Investec, Margin Pressure And Valuation Risks Highlighted

The brokerage noted that scaling the glassware segment also could prove challenging given competitive intensity.

The brokerage added that valuation doesn’t look attractive either. (Image source: Cello website)

Cello World Ltd. has come under a bearish lens as Investec initiates coverage with a 'Sell' rating and a target price of Rs 530.

Also Read: 'Buy' Cello World Says ICICI Securities, Cites Multiple Growth Tailwinds In FY26; Sees 23% Upside

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Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
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