PG Electroplast gets target price cut, Nuvama cites LPG disruption but maintains ‘Buy’ – Check new target – Markets
Brokerage firm Nuvama has maintained its Buy rating on PG Electroplast while trimming its target price to Rs 780 from Rs 800, citing near‑term disruption caused by an LPG supply shortage. The brokerage said a partial shutdown at the company’s Supa plant following the March 9 disruption is expected to weigh on Q4 performance, though…
