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Research Report Detail
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|Target Hit|| Medium (6M)
Nirmal Bang Initiates Coverage On Orient Electric With 'Buy' Rating
Nirmal Bang remains optimistic about a healthy CAGR of 8-10 per cent in the consumer electricals industry over the next five years. Orient Electric is well placed to reap the benefits after its demerger aimed at renewed focus on accelerating the core electrical business under a new senior management, the brokerage adds.