ADC India downgraded to hold amid valuation concerns
after close1 source ↓written by the desknot a recommendation
- net sales
- ₹6,342 cr
ADC India Communications has been downgraded to hold due to mixed technicals and expensive valuation. The company reported record Q1 FY26-27 net sales of ₹6,342 cr and a PBDIT of ₹1,085 cr. Despite strong fundamentals, limited institutional interest raises concerns about sustainability at current prices.
Not investment advice. For informational purposes only.