New Delhi. Brokerage firm Motilal Oswal has expressed confidence in the shares of SIS Limited, one of the country's leading security-providing companies. It has given the company a 'buy' rating and set the target price of its shares at ₹ 480. This shows an increase of about 18 percent from its current price. Motilal Oswal believes that SIS's business is growing rapidly, and the company's financial position is strong.

The demand for SIS Limited's services is constantly growing in India and international markets. The main reason for this growing demand is the growing inclination towards security services, in which SIS has a leading position. The company has expanded its scope not only in security services but also in services such as technology and home management, thereby diversifying its revenue streams.

According to Motilal Oswal, SIS's efficient management and strategic expansion efforts will help the company move forward. Apart from this, the company's profitable business model and the growing security needs in developing countries have the potential to give better returns to investors.

SIS's recent financial performance is also behind this target. The company has recorded stable revenue and profits in its last financial year, which is a positive sign for investors. Apart from this, the plans made by the management of SIS and the expansion of business internationally can prove to be beneficial for the company in the long term.

According to analysts, investing in SIS can be profitable for investors who want to invest for the long term. This stock can perform well shortly and Motilal Oswal's target of ₹ 480 shows that it has the potential to grow.