New Delhi, Sept. 23 -- Why it's recommended: Strong regulatory credentials and certifications, backward integration and operational efficiencies, credit rating and financial strength, good margins and profitability trends, management credibility, and transparency.
Key metrics: P/E: 32.82 | 52-week high: Rs.842 | Volume: Rs.38.60 crore
Technical analysis: Reclaimed its 100-DMA on above-average volume
Risk factors: Margin pressure/product and geographic mix risks, regulatory risks, dependency on export and global demand trends, competition risk, raw material, and input cost volatility.
Buy: Rs.735-750
Target price: Rs.860 in two to three months
Stop loss: Rs.680
Why it's recommended: Strong revenue and margin expansion, acquisition, ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.