Company updateMoneycontrol
Neutral TCI Express; target of Rs 530: Motilal Oswal
Neutral0
GreyOak summary
Motilal Oswal maintained a Neutral rating on TCI Express with a target price of Rs 530. The company reported 2QFY27 revenue of INR3.3b, up 9% YoY, and EBITDA of INR396m, up 12% YoY. Management expects volume growth of 11-12% in the second half of FY27 driven by SME demand recovery.
What it affects
- TCI ExpressTCIEXPNeutral 0
Revenue grew 9% YoY to INR3.3b in 2QFY27.Rolling sentiment Neutral 0
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