ICICI Securities maintains a Hold call on Century Plyboards, revising the target price to Rs 743. The company reported a 13% YoY revenue growth in Q4FY25, driven by plywood and MDF segments, though overall margins contracted. While management anticipates strong growth in FY26, ICICI Securities has adjusted EBITDA estimates, citing margin pressures in laminates and MDF.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,