Research ReportsKirloskar Oil Engines Can Rally 76% Projects Motilal Oswal, Maintaining 'Buy' On Favorable Valuations
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Kirloskar Oil Engines Can Rally 76% Projects Motilal Oswal, Maintaining 'Buy' On Favorable Valuations
Motilal Oswal reiterates Buy on Kirloskar Oil as it expects the company to benefit from the changing business mix, with results to be visible over the medium to long term.
Kirloskar Oil Engines' current stock price is factoring in extreme pessimism related to growth and margins, which Motilal Oswal believes is unwarranted.
(Source: Company website)
Kirloskar Oil Engines’ initiatives are aligned with these areas, and the brokerage expect results to be visible over next few years. Motilal Oswal trims its estimates by 4%/6% for FY26/27 to bake in slightly lower margin and continue to value the company at 25 times Mar’27 earnings.