Shares of Schneider Electric Infrastructure Ltd jumped 4% in early trade after global brokerage Goldman Sachs upgraded the stock to Buy from Sell and raised the target price to ₹910. As of 9:30 AM, the shares were trading 1.89% higher at Rs 764.00
Goldman Sachs’ upgrade is based on four key growth drivers. Firstly, the total addressable market (TAM) for the company is expected to grow significantly—from $9.02 billion to $14.5 billion by FY32—with Schneider’s market share rising to 3.3% from 2.9%. Secondly, margin expansion is anticipated, with operating margins seen increasing to 39.6% by FY32 from 38.5%.
The brokerage also noted that Schneider Electric Infrastructure’s valuation could catch up, supported by improved earnings visibility. Additionally, ongoing government initiatives aimed at power sector modernization and energy transition are expected to act as tailwinds for the company.
Goldman Sachs has also projected a robust 31% CAGR in order inflows between FY25 and FY28, highlighting strong growth momentum across segments.
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