Motilal Oswal Recommends 'Buy' on Granules India with Rs 670 Target
Business
M
Moneycontrol•27-01-2026, 14:35
Motilal Oswal Recommends 'Buy' on Granules India with Rs 670 Target
- •Motilal Oswal has issued a research report recommending a 'Buy' rating for Granules India.
- •The target price set by Motilal Oswal for Granules India is Rs 670.
- •Granules India reported higher-than-expected revenue, EBITDA, and PAT for the quarter, beating estimates by 10%, 11%, and 7% respectively.
- •Improved performance was driven by increased sales in formulation (FDF) and intermediates (PFI) segments.
- •Europe's sales growth was attributed to higher customer off-take and new product launches.
Why It Matters: Motilal Oswal recommends buying Granules India, citing strong quarterly results and a target price of Rs 670.
✦
More like this
Loading more articles...
