View: We believe that the company will continue to leverage on brand strength, distribution network and infrastructure. This along with a focus on value-added business will provide big flip to the business. Further, picking up of the organic food business, gathering pace of business in Middle-East and Europe, contributions from the US facility and Domestic market to provide impetus to sales. We have a Buy rating on the stock with target price of INR 477 valuing at 20x FY27e EPS.
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