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SMEL has a unique business model. Buy for Target Price of Rs 570 (48% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Aug 18, 2023.

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Vidhi Khanna Active Member Staff Member

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SMEL offers a unique business model. It is focusing on going down the value chain, filling gaps left by major players. The diversification is also an effective hedge for earnings. There is sufficient headroom in the balance sheet. TP is Rs 570 (48% upside)

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Vidhi Khanna, Aug 18, 2023

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