India's Clean Science and Technology slips; Dolat Capital starts coverage with 'buy'

Clean Science and Technology

18/05/2026 08:33

** Shares of Clean Science and Technology CLEA.NS down 3.5% at 740.05 rupees

** Dolat Capital initiates coverage on CLEA with "buy" rating

** Brokerage sets price target at 1,105 rupees, implying around 44% upside to previous close

** CLEA's fourth-quarter revenue, EBITDA, and profit beat consensus estimates on improved volume performance, brokerage says in a note

** "Legacy business also appears to have bottomed out, with improving visibility on volume growth," Dolat Capital says

** CLEA stock down ~15%, YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))