Company updateMint
InCred Equities raises TCPL Packaging target by 18%
Positive+9
GreyOak summary
InCred Equities maintained a high-conviction rating on TCPL Packaging, raising the target price to ₹5,270 (18% upside). The upgrade follows Q2 FY27 sales growth of 21.8% YoY and a 58% rise in net profit. The brokerage highlights the company's entry into the lithium-ion battery separator film business as a key long-term growth driver.
What it affects
- TCPL PackagingTCPLPACKPositive +9
Brokerage raises target by 18% citing strong resultsRolling sentiment Positive +26
Source
Read the original at MintMore TCPL Packaging news
- TCPL Packaging enters lithium-ion battery separator films bizCNBC-TV18 · Company update ·
- TCPL Packaging Q2 profit surges 57% to ₹45.3 croreCNBC-TV18 · Results ·