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Tagged: Asit C. Mehta, HSIL
The company is the leader in India’s sanitaryware industry and also occupies the second position in the container glass industry. The hallmark of the company is regular launching of new products in each segment and presence across the value chain and at all price points. The current market price of around 210 discounts estimated earnings for FY 15 by about 13-14 times. Buying at declines could be considered with a possible target of 280-290 in the next 6 months.
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