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 recommends hold on V-Guard Industries
Motilal Oswal says near-term pressure due to demonetisation would impact 2HFY17 performance. However, this does not change our structural outlook. We believe V-Guard Industries is well poised to capture the shift from the unorganised to the organised segment (with GST rollout) and the uptick in consumer demand in the long run, it adds. Motilal Oswal has target price of Rs 179.