BUZZ-India's Epack Durable jumps after ICICI Securities starts with 'buy'

** Epack Durable EPAC.NS climbs 4.2% to 497.7 rupees

** Brokerage ICICI Securities starts with "buy"; sets TP of 555 rupees - 16.2% premium to Tuesday's close

** Says home appliances maker's room air conditioners (RAC) segment posed for robust growth; strong capacity additions will help co capitalise on demand tailwinds

** Adds EPAC's entry into small and large domestic appliances will lead to higher margins and buck seasonality-led impact in RAC segment's profitability

** Expects 52.2% CAGR over FY24-27

** Stock sees most active session in over a month, with volumes at 2.5x the 30-day avg

** EPAC up 125% since listing on Jan. 30

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))