Revised Target Price of Orbis Financials

In FY22, we had given Orbis a 5 star rating i.e. a strong buy at the rough odd levels of Rs 80 to 85 with a target price of Rs 170. Today Orbis is trading at the levels of Rs 170. The stellar financial & operational performance of the company continues and we have revised its target price to Rs 256 now. We still have a buy rating on Orbis Financial, only the target price has been revised upwards.