Broker’s call: Finolex Cables (Reduce)
Target: ₹809 CMP: ₹901.90 Finolex Cables’ (FCL) Q2-FY24 consol. revenue/EBITDA/PAT stood at ₹1,180 crore/₹150 crore/₹140 crore, +9/48/156 per cent y-o-y,
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Tag: EPS CAGR
Broker’s call: Nestle (Accumulate)
Target: ₹25,471 CMP: ₹24,122 We increase CY24/25 EPS estimates by 1.9/0.7 per cent and target price to ₹25,471 (₹23,585 earlier)
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