Buy Mayur Uniquoters, target price Rs 803: Anand Rathi

Anand Rathi upgrades Mayur Uniquoters to a Buy rating with a target price of Rs 803, up from Rs 576. The firm anticipates strong revenue growth and improving margins, projecting 14%/20%/18% CAGRs over FY24-27. The company recently reported a consolidated total income of Rs 223.09 crore and a net profit of Rs 39.84 crore for the September quarter.