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SYRMA SGS
BROKERAGE: HSBC Price Target: Rs 1,750 CMP: Rs 1,441.70 | Upside:21.4%
High estimated Price to Earnings Ratio of 53 times justifi ed, given its high growth; Current PE is 44 times.
EMS companies command high double-digit P/E multiples due to growing TAM, government support, backward integration and strategic joint ventures. VEDANTA ALUMINIUM
BROKERAGE: MOTILAL OSWAL FINANCIAL Price Target: Rs 540 CMP: Rs 444.45 | Upside:21.6%
One of the most compelling structural stories in the global aluminium space.
Transition toward becoming more captive and backward integration will support structural re-rating of valuation multiples.
https://img.etimg.com/thumb/msid-132300735,width-1200,height-630,imgsize-15552,overlay-etmarkets/articleshow.jpg
https://economictimes.indiatimes.com/markets/stocks/news/hot-stocks-2-stocks-that-may-give-over-21-returns/articleshow/132300738.cms
