Motilal Oswal is bullish on Midwest recommended buy rating on the stock with a target price of Rs 2000 in its research report dated3, 2025.
The brokerage has set a target price of ₹2,000 per share, implying an upside of about 25 per cent from current levels.
Midwest's overall revenue and EBITDA are likely to post a 36% and 47% CAGR compared to 12% CAGR for Granite over FY25-28, ...
The bullish coverage note cites the company’s strong positioning in the black granite market and emerging new growth avenues.