BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Motilal Oswal intiates coverage on Parag Milk Foods
Motilal Oswal has initiated coverage on Parag Milk Foods with neutral for target of Rs 340/share. It says stock has appreciated 53 per cent since its IPO in 2 months and this caps near term upside at 3 per cent. It adds Parag offers a compelling 3-year play with over 22 per cent CAGR returns and Parag enjoys several competitive advantages.