he brokerage has initiated coverage with a 'Buy' rating and a target price of ₹800, on the back of improving margins, strong cash flows and scope for selective acquisitions.
The Indian arm of Norwegian consumer goods group Orkla, which merged MTR and Eastern in 2023, expects to return to its historical double-digit revenue growth in fiscal 2026 and beyond
Orkla India stock opened at ₹751.5, a premium of 3 per cent on the BSE. The listing price was below the grey market estimates