Buy EPL; target of Rs 200: Motilal Oswal

Motilal Oswal is bullish on EPL recommended buy rating on the stock with a target price of Rs 200 in its research report dated November 08, 2022.

Broker Research

November 11, 2022 / 13:49 IST

26 Aug, 2025 12:21

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Motilal Oswal's research report on EPL

EPLL reported a subdued operating performance (a contraction of 270bp YoY), led by input cost pressures and a currency devaluation, while revenue improved by 9% on back of strong demand and price hikes across regions.

Outlook

We largely maintain our FY23/FY24 earnings estimate and maintain our Buy rating with a TP of INR200.

For all recommendations report, click here

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EPL - 08-11-2022 - moti

Broker Research

first published: Nov 11, 2022 01:49 pm

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