NOMURA ON AEGIS LOGISTICS : 02.06.2021

NOMURA ON AEGIS LOGISTICS : 02.06.2021

* MAINTAIN BUY TARGET: 570
* Nomura believes Aegis Logistics is entering a phase of multi-year growth
* Entering A Phase Of Multi-year Growth
* Simple Yet Robust Business Model
* With Strong Growth Prospects A Pure Play On Indian ESG Theme
* Major Capital Projects Completion In FY22 To Drive Volumes From FY23
* Next Leg Of Growth Projects Can Provide Further Rerating Trigger