Sangam India Ltd - Rating BUY By GEPL

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Dec 3, 2015.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    At CMP of Rs.292, Sangam India trades at 15.7x its FY16E EPS of Rs.18.6. Foray into seamless garment segment & successful integration will lead to improvement in financial performance as well as return ratios. We believe stock to trades at 18.5x its FY16E EPS, which gives a target price of Rs.345, thereby providing 18% upside from current level.
     

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