Goldman Sachs has maintained its 'Buy' rating and target price of Rs 1,575. The brokerage noted that revenue growth of 2.9% was below estimates, while Prestige & Above volumes declined 1.2%. EBITDA fell 5% year-on-year but came in above estimates, supported by better gross margins.
Goldman Sachs has maintained its 'Buy' rating and target price of Rs 1,575. The brokerage noted that revenue growth of 2.9% was below estimates, while Prestige & Above volumes declined 1.2%. EBITDA fell 5% year-on-year but came in above estimates, supported by better gross margins.
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