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05 Nov 2026, 06:50 IST

FSN E-Commerce Ventures Limited

HDFC Securities · SELL · target INR 240

The report notes strong Q2 topline and margin growth but maintains SELL citing heady valuations of ~80x Sep-28 EV/EBITDA.

From HSIE Results Daily 05 Nov 26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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