Kennametal India downgraded to buy amid valuation concerns
pre-market1 source ↓written by the desknot a recommendation
- for Q1 FY26-27
- ₹888.0 cr
Kennametal India has been downgraded to a Buy rating due to mixed technical signals and valuation concerns. Despite this, the company reported a net profit surge of 183.7% to ₹888.0 cr for Q1 FY26-27, with net sales reaching ₹4,776.0 cr. Its high ROE of 16.24% and net debt-free status highlight strong operational execution and financial stability.
Not investment advice. For informational purposes only.