Epack Durable Shares Get a Bullish ‘Buy’ Rating from Yes Securities with 44% Upside Potential

Epack Durable Ltd. has received a ‘Buy’ rating from Yes Securities, citing its strong value proposition, robust manufacturing capabilities, and improving margin trajectory. The research firm sees a 44% upside potential in the stock.

Why Yes Securities is Bullish on Epack Durable

Yes Securities has initiated coverage on Epack Durable Ltd. with a ‘Buy’ rating, based on its commendable value proposition, which includes strategic partnerships with key players, robust manufacturing capabilities, and prudent capacity expansion. The company’s focus on components manufacturing, resulting in backward integration, customer addition, new product launches, and improving margin trajectory, are also key factors driving the research firm’s bullish stance.

Strategic Partnerships and Robust Manufacturing Capabilities

Epack Durable’s strategic partnerships with key players in the industry are expected to drive growth and increase its market share. The company’s robust manufacturing capabilities and prudent capacity expansion will also enable it to meet growing demand and improve its profitability.

Backward Integration and Customer Addition

The company’s focus on components manufacturing, resulting in backward integration, will help it to reduce its dependence on external suppliers and improve its margin trajectory. Additionally, Epack Durable’s customer addition and new product launches will help it to diversify its revenue streams and increase its market share.

Yes Securities’ Outlook on the RAC and Kitchen Space

Yes Securities remains bullish on the RAC (Room Air Conditioner) and kitchen space, driven by factors such as strong realty-infused demand, recent GST rate cuts, growing share of the organized sector, and government impetus towards manufacturing and export boost. The research firm believes that these factors will drive growth in the medium term.

Strong Realty-Infused Demand and GST Rate Cuts

The strong realty-infused demand and recent GST rate cuts are expected to drive growth in the RAC and kitchen space. The reduction in GST rates will make these products more affordable for consumers, leading to increased demand and sales.

Growing Share of Organized Sector and Government Impetus

The growing share of the organized sector and government impetus towards manufacturing and export boost will also drive growth in the RAC and kitchen space. The government’s initiatives to promote manufacturing and exports will help companies like Epack Durable to increase their production and sales.

Conclusion

In conclusion, Yes Securities’ ‘Buy’ rating on Epack Durable Ltd. is driven by the company’s strong value proposition, robust manufacturing capabilities, and improving margin trajectory. The research firm’s bullish outlook on the RAC and kitchen space, driven by factors such as strong realty-infused demand, recent GST rate cuts, growing share of the organized sector, and government impetus towards manufacturing and export boost, also supports the ‘Buy’ rating. Investors looking to invest in the Indian stock market may consider Epack Durable Ltd. as a potential investment opportunity.

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