BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Kotak Securities maintains buy on Gujarat Pipavav
Kotak Securities has maintained buy on Gujarat Pipavav for target price of Rs 180. It says improving container volumes on the west coast, potential from the project cargo division, diversification to crude and car segment should yield results for the company over FY17 to FY19. We expect EBITDA margins to remain at healthy levels of 60% resulting in improvement in return ratios, adds Kotak Securities.