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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Nirmal Bang maintains accumulate on La Opala RG
La Opala's second quarter revenue growth of 10.6 per cent is below consensus estimates, mainly led by high base of last year. Its "Diva" brand enjoys the high margin and is growing at a faster pace compared to others. Its shares trade at 43.8 times FY17 estimated earnings.