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Fujifilm's new Fujinon TS-L 1640 and TS-L 2040 image-stabilized binoculars are brilliant for birdwatchingThe Fujinon TS-L 1640 and the TS-L 2040 have magnification ratios of 16x and 20x respectively, offering the highest magnification levels in the company's Techno-Stabi line of binoculars.
We roll over our valuation multiple to FY27E and assign a PE multiple of 16.0x to arrive at a target price of INR 1,640 (previously: INR 2,328). Given the reduced earnings outlook, we downgrade ...
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