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

NSE
1462.30
Change Change %
55.55 3.95%

Updated:19 Jan, 2018, 15:52 PM IST

BSE
1455.30
Change Change %
55.85 3.99%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
IDBI Capital Markets & Securities
N/A
28-07-2017 Buy 1097.00 1190.00
N/A
Target Hit Long (1Y)
28-07-2018

IDBI Capital Markets maintain accumulate on Supreme Industries

IDBI Capital Markets has maintained accumulate on Supreme Industries for target price of Rs 1,190. It says the company is exploring opportunity to expand its business in 10 new countries. Also, its new products in fittings, industrial segment and films along with capacity expansion of 20K-25K/year would drive growth. Also, the company mentioned things started improving post implementation of GST and guided for 12% growth in FY18 (19% growth in 9MFY18) with EBITDA margin of 15%-15.5%.

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