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JTL Industries Gets 'Buy' From Dolat Capital As It Initiates Coverage After Q3 Results, Sees 48% Upside

JTL's volume expansion plan, aggressive market share augmentation and product mix improvement initiatives are key positives, adds Dolat Capital

<div class="paragraphs"><p>Dolat Capital initiates coverage on JTL Industries Ltd. with 'Buy’ rating and target price of Rs 141 valuing at 22x FY27E earnings (P/E basis)</p><p>(Source: pxhere.com)</p></div>
Dolat Capital initiates coverage on JTL Industries Ltd. with 'Buy’ rating and target price of Rs 141 valuing at 22x FY27E earnings (P/E basis)

(Source: pxhere.com)

The brokerage believes JTL’s strategic focus on creating tailored products and brands in this space with specific end-use applications uniquely positions it as a go-to solution for organized real estate developers, contractors, fabricators and the like.
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