Company updateMoneycontrol
Buy GNG Electronics; target of Rs 840: Motilal Oswal
Positive+59
GreyOak summary
Motilal Oswal reiterated a Buy rating on GNG Electronics with a target price of Rs 840. The firm believes the recent stock correction is sentiment-driven rather than fundamental, citing resilient demand for affordable refurbished PCs. Revenue and EBITDA are projected to grow at CAGRs of 34% and 47% respectively over FY26-29.
What it affects
- GNG ElectronicsEBGNGPositive +59
Rolling sentiment Positive +45
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