Hot Stocks: Global brokerages on HDFC Life, Dr Lal PathLabs and Emami

September 13, 2022

The global investment bank expects Emami’s growth to recover from H2FY23 after a very high base. Margin pressures will persist in the near term, it said. It marginally lowered FY23/24/25 EPS by 2-3 per cent. Emami trades at 26x FY24 earnings ~40 per cent discount to the peers, said the note.

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