2025-04-12 12:48:59 pm | Source: Motilal Oswal Financial Services Ltd
Sell MRF Ltd For Target Rs. 96,200 by Motilal Oswal Financial Services Ltd
* Expect 12% YoY revenue growth, led by steady growth in replacement demand.
* We expect EBITDA margin to decline 420bp YoY to 12% due to a rise in input costs and the company’s inability to pass on the prices due to weak demand.
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