Pearl Global Industries - Great Future Ahead

2015-16 Q1 IS EXCELLENT

The Chennai facility provides PGIL the ability to keep adding on capacity into the future with minimal investment. Benefits of the increased expansion in Bangalore are expected to positively impact the PGIL's books by FY15-16, while the Chennai expansion benefits will reflect in FY16-17. The capacities are expected to generate incremental revenues of Rs 100-150 crore, which will further enhance its EBIDTA margin. PGIL shows improved visibility on business front and expects to sustain growth along with improved margins over comings quarters. At the CMP of Rs 259, the share is trading at a P/E of 13.7x on FY16E and 9.8x on FY17E. We recommend BUY with a target price of Rs 380 at a P/E of 14.5x on FY17E", says Sunidhi Securities research report.

https://www.moneycontrol.com/news/r...-targetrs-380-sunidhi-securities_1387721.html

 

DON'T YOU FEEL STRONG SHARE . GETTING IN LESS PRICE

 

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