Recommendation: Reduce; Target price: Rs 4900
Recommendation: Add; Target price: Rs 1075
Company's overall expenses in the first quarter of FY 2023-24 were Rs 1,036.06 crore.
In Tamil Nadu, Foxconn already operates a sizable site where it assembles Apple's iPhones.
Revenue from the generic business in North America surged 79%, backed by successful new product launches.
Net profit shows a strong growth of 62.9% from Rs 6,477.74 crore in Q4FY23
The company's US business achieved its highest-ever revenue of $222 million
Recommendation: Buy; Target price: Rs 395

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