Geojit Financial Services is bullish on PG Electroplast has recommended buy rating on the stock with a target price of Rs 623 in its research report dated August 18, 2025.
The company has cut capital expenditure for FY26 to Rs 700-750 crore from Rs 800-900 crore, considering the near-term pressure on cash flows and working capital
Record performance in FY25 with broad-based growth across key business verticals
Geojit Financial Services recommended accumulate rating on PG Electroplast with a target price of Rs 1084 in its research report dated March 24, 2025.
Secular tailwinds in electronics manufacturing should propel the performance of the company
Robust fundamentals, new growth initiatives, and client additions should act as growth levers
Asit C Mehta recommended Accumulate rating on PG Electroplast Ltd with a target price of Rs 4120 in its research report dated June 21 2024.
Impressive revenue growth in Q4FY24 on the back of expanding product portfolio
Recent capacity augmentation positions the business well for healthy growth over the medium term
Planned capacity expansion positions the business well for a strong growth in the coming years. Diversification into newer product lines also on the anvil.