“Strong outlook on FY25 revenue growth, improving margins, and double-digit EPS growth should keep valuations afl oat,” said Morgan Stanley’s analysts Gaurav Rateria and Sulabh Govila in a client note.
By ET Bureau | Updated:
IANSHINDI
The brokerage says it expects the current valuation, which is at a fi veyear average, to be sustained owing to double-digit Earnings Per Share (EPS) growth in FY25, under-ownership by both domestic institutional investors (DII) and foreign institutional investors (FIIs).
“Strong outlook on FY25 revenue growth, improving margins, and double-digit EPS growth should keep valuations afloat,” said Morgan Stanley’s analysts Gaurav Rateria and Sulabh Govila in a client note. The brokerage says it expects the current valuation, which is at a five year average, to be sustained owing to double-digit Earnings Per Share (EPS) growth in FY25, under-ownership by both domestic institutional investors (DII) and foreign institutional investors (FIIs).
Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani International2026-06-19T03:46:13Z
