Astral's share price saw a jump of almost 10% as the company reported a 51.8% year-on-year growth in net profit for Q1 FY27, reaching ₹120.2 crore. Additionally, EBITDA climbed by 25.8% to hit ₹244 crore. Citi has maintained its 'Buy' rating with a target price of ₹1,900, and Nuvama has upgraded the stock to 'Buy'. Analysts highlighted the company's solid pipe sales, increased market share, and better margins as the primary drivers for this positive outlook.
by shortkt.com✓