Synopsis:

Nomura has recommended a “Buy” rating on EPL Limited with a target price of ₹350, suggesting an upside potential of 82.27 percent.

This Small-cap Plastic Stock, engaged in manufacturing and supplying specialty laminated plastic tubes, caps, closures, and dispensing systems primarily for FMCG, pharmaceutical, beauty, food, and home care sectors globally, is in focus after Nomura gave a target of Rs. 350, which has an upside potential of 83 percent.

With a market capitalization of Rs. 6,381.13 crore, the shares of EPL Limited were currently trading at Rs. 199.30 per equity share, rising nearly 4.02 percent from its previous day’s close price of Rs. 191.60.

What is the News?

Nomura, a prominent brokerage firm, has recommended a “Buy” call on EPL Limited with a target price

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