Prabhudas Lilladher Recommends Accumulate on Grindwell Norton, Sets Rs 2,245 Target

The brokerage revised its FY28E and FY29E EPS estimates higher by 1.9% and 1.5%, respectively, citing continued healthy growth momentum in Ceramics and Plastics. It also noted Q2FY27 revenue growth of 14.1% year over year and expanding EBITDA margin.