Stylam Industries gets BUY from ICICI Direct; 21% upside seen — check price target
ICICI Direct initiated coverage on Stylam Industries with a BUY rating and a target price of ₹4,000, indicating a 21% upside from ₹3,314. The brokerage emphasized capacity expansion, particularly at the new Manak Tabra facility, as a key growth driver. The stock is expected to generate significant revenue as utilization increases over the next few years.