2025-09-16 11:57:00 am | Source: Choice Broking Ltd
Buy Fiem Industries Ltd for the Target Rs. 2,200 by Choice Broking Ltd
View and Valuation:
We believe, the consistent strong performance with key clients, coupled with a robust expected demand due to the festive season and good monsoon, positions FIEM for strong growth ahead. We revise our FY27/FY28 EPS estimates upwards by 4.1%/5.1% and arrive at our target price of INR 2,200. We value the company at 18x (unchanged) on the average FY27/28E EPS and change our rating to REDUCE from ADD.
Financials:
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