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JM Financial has recommended a buy on Innova Captab with a target price of Rs 1,120 and a one-year timeframe. With a market cap of Rs 5239.80 crore, the company’s anticipated growth is driven by its scaling Jammu facility. Despite recent stock rallies, the brokerage sees substantial financial growth for Innova Captab, projecting significant revenue and profit increases by FY27.
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