Company updateMoneycontrol
Prabhudas Lilladher retains Accumulate rating on Physicswallah with Rs 140 target
Positive0
GreyOak summary
Prabhudas Lilladher maintains an Accumulate rating on Physicswallah with a stock target price of Rs 140. The broker cut FY28 and FY29 EBITDA estimates by 2-3% due to slower-than-expected NEET business recovery, though full-year growth guidance of ~30% remains intact. The firm expects revenue and EBITDA to grow at 25% and 66% CAGR respectively through FY29 driven by expansion into new categories.
What it affects
- PhysicswallahPWLPositive 0
Rolling sentiment Positive +64
Source
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