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ICICI Direct Sets Rs 475 Target Price on Ratnaveer Precision Engineering; Projects 39 Percent Revenue and 61 Percent PAT CAGR Through FY28 - India CSR®
VADODARA, GUJARAT: ICICI Direct Research has assigned a Buy rating to Ratnaveer Precision Engineering Limited, setting a target price of Rs 475 per share. The brokerage has arrived at this valuation by applying a multiple of 24x to its estimated FY28 earnings per share (EPS). Brokerage expects revenue to reach Rs 2,072 crore and PAT […]
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