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.
Nirmal Bang Report
We reiterate our Buy call on Galaxy Surfactants Ltd. post rolling forward valuation to FY26E earnings (price-to-earning 25 times) with a potential upside of 35%.
While India volumes continue to grow in double digits consistently, Africa, Middle East and Turkey should recover in FY25 on an exceptionally low base. We also expect specialty care volume recovery, led by restocking in developed markets.
FY25 could be the only year post IPO wherein overall volume growth (our est. ~11%) should exceed 6%-8% guided range.
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.