Motilal Oswal sees 58% upside in Safari Industries, flags VIP-Samsonite-D2C heat
Brokerage reiterates Buy with Rs 2,250 target on Safari Industries, citing Urban Jungle premium push, Jaipur capacity ramp, new SKUs, and 4-5 EBO additions per month. Valuation pegged at 45x FY28 P/E. Rising competitive intensity from VIP, Samsonite, and D2C entrants remains the key overhang.
Motilal Oswal reiterates Buy on Safari Industries with Rs 2,250 target, citing 58% upside, premium push, and Jaipur capacity ramp.
NDTV Profit · 5/20/2026, 7:22:07 AM · Ask about this →