Pearl Global: This multibagger textile stock gets back-to-back target price upgrades—should investors buy now?
Brokerages have upgraded their outlook on Pearl Global Industries, initiating coverage with JM Financial's Buy rating and a target price of ₹1,610, reflecting a 24% upside from ₹1,302. The company’s diversified manufacturing network and operating leverage are key growth drivers, though risks include US consumer demand and trade policies. Investors should consider these factors before buying.