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Sep 6 2024, 06:45 IST/BST
Diploma has been one of the most resilient stocks in the Industrials universe. It runs a decentralised, acquisitive model whereby the companies acquired enhance the overall group’s organic growth, which then compounds over time. The shares trade on a premium rating that is, in our view, entirely deserved and sustainable; ongoing delivery of double-digit percentage EPS growth justifies an ‘Outperform’ rating.
Sep 6 2024, 06:45 IST/BST