it is a Good report for investor and traders. thanks for sharing .. http://www.swastika.co.in has recommended Kitex Garments At the current market price of ` 700.00 the stock PE is ~19.28 for FY16x and ~21.17 for FY17x.Earnings per share of the company for FY16E and FY17E are seen at ` 26.45 and ` 30.51 respectively.We are expecting Net Sales and PAT of the company to grow at a CAGR of 14.19% and 36.20% over 2014 to 2017E respectively.Hence, we recommend ‘BUY’ in this particular stock with a target price of ` 819.00 for Medium to Longterm Investment.
Blog: Daily Futures Trading Strategy 22 December 2015
2015-12-22 17:28 | Report Abuse
it is a Good report for investor and traders. thanks for sharing .. http://www.swastika.co.in has recommended Kitex Garments At the current market price of ` 700.00 the stock PE is ~19.28 for FY16x and ~21.17 for FY17x.Earnings per share of the company for FY16E and FY17E are seen at ` 26.45 and ` 30.51 respectively.We are expecting Net Sales and PAT of the company to grow at a CAGR of 14.19% and 36.20% over 2014 to 2017E respectively.Hence, we recommend ‘BUY’ in this particular stock with a target price of ` 819.00 for Medium to Longterm Investment.