Buy Cello World, target price Rs 1,000: Motilal Oswal Financial Services
Motilal Oswal maintains a buy rating for Cello World, targeting Rs 1,000. Cello operates in various sectors. The company expects strong growth. Cello's writing instruments segment is poised for expansion. A new Rajasthan plant will boost glassware production. Revenue, EBITDA, and adjusted PAT are projected to grow significantly. This growth is fueled by new products and wider distribution.
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