Buy Pearl Global Industries; target of Rs 1400: Emkay Global Financial

Emkay Global Financial' research report on Pearl Global IndustriesWe attended Pearl Global Industries (PGIL)’s investor day. KTAs: 1) PGIL guides for ~18% revenue CAGR (backed by ~15% volume CAGR) to achieve ~$1bn revenue by FY30. 2) This would be achieved by expanding the capacity base to ~170mn p…