Stock to buy: Axis Securities recommends Jyothy Labs as its pick of the week; sees up to 10% upside
Jyothy Labs' shares have surged 23% in four sessions, driven by value buying at lower levels and RBI rate cuts. Axis Securities maintains a 'Buy' rating with a target price of ₹405, citing positive growth initiatives and improving margins, projecting 8-9% CAGR in revenue and earnings through FY27.
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