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'Buy' Ather Energy Maintains HDFC Securities On Strong Growth Outlook; Stock Remains Top Pick
Considering another inflection point from FY28, the brokerage factors that in the multiple and, hence, raise the EV/sales multiple from 5.0x to 6.0x, which is a premium to the listed peer set.
Considering another inflection point from FY28, the brokerage factors that in the multiple and, hence, raise the EV/sales multiple from 5.0x to 6.0x, which is a premium to the listed peer set.
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