BusinessPhoto: Mint MarketsInCred Retains 'ADD' Rating on TCPL Packaging with 18% Upside
InCred Equities has maintained its 'ADD' rating on TCPL Packaging shares, setting a revised target price of ₹5,270, suggesting an 18% upside from the ₹4,471 closing price on November 9. The positive outlook is driven by strong Q2 FY27 results, with 21.8% YoY sales growth to ₹560 crore, improved business momentum, and the company's planned entry into lithium-ion battery separator films, tapping into India's EV and energy storage markets.
Mint Markets·



