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The domestic market witnessed a significant rally at the end of the week, driven by higher-than-expected domestic manufacturing PMI and positive GDP growth data, reflecting a robust economic outlook. Favourable global cues also played a role in this upturn,” Vinod Nair, Head of Research at Geojit Financial Services, said.
Brokerage Anand Rathi Shares and Stock Brokers is bullish on the company and has a “buy” rating on the stock with a target price of Rs 164. The price target implies a further upside potential of 29% from the current levels.
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LKP Research is bullish on Electronics Mart India has recommended buy rating on the stock with a target price of Rs 90 in its research report dated May 29, 2023.
New Delhi [India], May 4 (ANI/NewsVoir): Electronics Mart India Ltd