08 Oct 2026, 08:26 IST
Bikaji Foods International Limited
HDFC Securities (HSIE Research) · BUY · target INR 700
The note says HSIE maintains BUY with a Sep-27 target of INR 700 at 45x P/E (a ~20% discount to the three-year forward average), noting management guidance of 100-150bps FY27 margin compression (200-250bps in Q2FY27E), weighted average inflation of ~7% partly offset by a 5% price hike, an 8% cut to FY27E EPS, and that the stock is down ~35% YTD with a strong Q3 seen as pivotal for sentiment.
From Bikaji Update Oct26 HSIE, written by HDFC Securities (HSIE Research) and hosted by HDFC Securities. Orivam summarised it; the view is HDFC Securities (HSIE Research)'s, not Orivam's.
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