International business faces short-term hurdles

Company
30 Oct 2024
5 Min read 
  • SIS 2QFY25 results update with financials and valuation details.
  •  Revenue growth and margin contraction in 2QFY25.
  •  Focus on rationalizing loss-making/tail accounts; reiterate BUY rating.
  •  Decent growth across all segments, with India Security business leading.
  •  Margin contraction due to labor shortages and loss of high-margin contracts.
  •  Valuation using SOTP method, reiterating BUY rating with TP of INR 480.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority