Buy Galaxy Surfactants, target price Rs 3,865: Motilal Oswal Financial Services

Motilal Oswal Financial Services has issued a buy call for Galaxy Surfactants, setting a target price of Rs 3865. The brokerage anticipates a 9% volume growth for the company between FY24-27, driven by strong domestic performance and recovery in developed markets. They value the company at 30x Sep'26E EPS, leading to their buy rating.