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Motilal Oswal raises Pearl Global target to Rs 1550

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Motilal Oswal reiterated a Buy rating for Pearl Global with a revised target price of Rs 1,550. The broker cited strong revenue growth of 37.2% and EBITDA growth of 41% in the second quarter. The firm expects a 21% revenue CAGR over FY26-28 driven by capacity expansions.

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