Reduce TTK Prestige, target price Rs 750: HDFC Securities

HDFC Securities advises reducing positions in TTK Prestige Ltd., setting a target price of Rs 750. The company is optimistic about improved demand trends but has lowered its earnings estimates for FY25-27. TTK Prestige reported a net profit of Rs 52.25 crore for the quarter ending September 2024, with a 26.36% rise in total income.