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Epack Durable Gets A Bullish 'Buy' As Yes Securities Initiates Coverage; Sees 44% Upside Potential

Epack is riding the growth wave with strategic alliances and expansion, says Yes Securities hence initiate coverage with Buy.

<div class="paragraphs"><p>Incrementally, EPACK’s margin is expected to improve by ~130bps by FY28. (Photo: Epack Durable/X)</p></div>
Incrementally, EPACK’s margin is expected to improve by ~130bps by FY28. (Photo: Epack Durable/X)
Yes Securities stay bullish on the RAC and the Kitchen space as in the medium term led by factors like strong realty-infused demand, recent GST rates cuts, growing share of organized sector, and Government impetus towards manufacturing and export boost will drive growth. The company’s enviable value prop should help it outperform the industry in good time.
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