ICICI Direct sets Rs 475 target price on Ratnaveer Precision Engineering; projects 39 percent revenue and 61 Percent PAT CAGR through FY28

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ICICI Direct Research has assigned a Buy rating to Ratnaveer Precision Engineering Limited, setting a target price of ₹475 per share. The brokerage has arrived at this valuation by applying a multiple of 24x to its estimated FY28 earnings per share (EPS). Brokerage expects revenue to reach ₹2,072…