Nomura remains positive on Anant Raj despite trimming earnings estimates and lowering its target price due to slower cloud ramp-up and project delays. The brokerage expects growth visibility to improve from Q2FY27 as new cloud capacity comes online and residential launches gain momentum.
Nomura has lowered its target price and trimmed earnings estimates for Anant Raj, citing a slower cloud ramp-up and project delays. Despite these adjustments, Nomura maintains a positive outlook on the company's future. Growth visibility is anticipated to improve significantly…
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.