Supreme Petrochem has very strong business model. Buy for target price of Rs 561 (51% upside)
Supreme Petrochem has a very strong business model. Opportunity is huge. Business has a strong moat. Balance sheet is very strong with huge cash pile. ROCE is strong (25% average from FY15-22). FCF yield is robust (9% average from FY15-22). TP Rs 561 (51% upside)