BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
HSBC initiates Berger Paints with buy
HSBC has initiated coverage on Berger Paints with a "buy" rating for a target price of Rs 300. Berger is a high growth company in an attractive industry. Product premiumisation to help increase top line. Current valuation is reasonable considering the earnings growth potential.