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07 Oct 2026, 09:57 IST

Eureka Forbes Limited

HDFC Securities · BUY · target Rs 570

The report maintains a BUY rating but cuts the target price from Rs 640 to Rs 570, lowering the target P/E multiple from 38x to 35x and trimming EPS estimates to reflect near-term margin pressures and potential impact of price hikes on consumer affordability.

From Consumer Durables, EMS Q2FY27 Results Preview HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.

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