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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Kotak Initiates Buy on Kaveri Seeds
Kotak has initiated its 'buy' call on Kaveri Seeds for target price of Rs 620 per share. Kotak says that its topline and earnings to accelerate from FY2017 and seed industry has a promising growth outlook. Kotak adds that the stock trades at 13 times FY2017E adjusted EPS undemanding and expect 31 per cent EPS CAGR over FY2016-18E.