NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Cyient DLM Ltd. reported a healthy quarter, with revenue growth of ~19% YoY in Q1 FY25, led by significant traction in the aerospace and defense verticals. However, margins declined 140 basis points YoY to 7.8%, mainly due to higher selling, general and administration expenses.
We maintain our FY25/FY26 earnings per share estimates and retain our Buy rating on the stock with a target price of Rs 880 (40 times FY26E EPS).
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
