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Broker’s Call: Ellenbarrie Industrial Gases (Buy)

Summary by The Hindu Business Line
We maintain Buy as we expect EIGL to deliver revenue/EBITDA/PAT CAGR of about 32%/33%/30% over FY26-29E driven by: a 23% CAGR in merchant volume on account of strong capacity expansion

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The Hindu Business LineThe Hindu Business Line
Lean Right

Broker’s Call: Ellenbarrie Industrial Gases (Buy)

We maintain Buy as we expect EIGL to deliver revenue/EBITDA/PAT CAGR of about 32%/33%/30% over FY26-29E driven by: a 23% CAGR in merchant volume on account of strong capacity expansion

·Chennai, India
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The Hindu Business Line broke the news in Chennai, India on Tuesday, September 29, 2026.
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