Bullish on Wakefit Innovations, setting a price target of ₹200, suggesting a 33.8% upside. The stock offers attractive valuations at 40x and 29.5x FY28 and FY29 Price to Earnings Estimates, presenting a favorable risk-reward. Expansion into the home furniture segment, with a higher Total Addressable Market, enhances long-term growth visibility.

Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%

Wakefit InnovationsBullishCalled 04 Sep 2026
Verdict:PENDING

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