“Despite factoring in the potential orders of P75 (three additional submarines), P75I and next-gen destroyers, and margins at an elevated level in the near term, we believe the stock is overvalued at the CMP. In our view, while EPS is likely to be range bound at INR 95-120/share from FY28-32E, there are risks to ordering/execution timelines,” the brokerage firm stated in its report.
sekar nallalu Cryptocurrency,Markets Multibagger Defence Stock Mazagon Dock Breaks Losing Streak, Share Up by 8%