Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1080.00
Change Change %
29.05 2.76%

Updated:19 Nov, 2018, 14:49 PM IST

BSE
1080.00
Change Change %
27.60 2.62%

Updated:19 Nov, 2018, 14:50 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Kotak
N/A
17-10-2016 Buy 1068.90 1190.00
N/A
Target Hit Long (1Y)
17-10-2017

Kotak initiates Vardhman Textiles with add

Kotak has initiated coverage on Vardhman Textiles with "add" for a target price of Rs 1,190. Planned expansion in fabric division will lead growth for the company. We expect superior margin in fabric division compared to its legacy yarn business. We expect cash flow, return ratios to improve for the company. Yarn business to keep balance sheet light.

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