With strong volumes building up; increasing market presence; strong customer base; improved financial performance and balanced product portfolio; Vaibhav Global Ltd. profitability looks positive. We believe the company is trading at an attractive valuation at 13.48x and 10.90x of FY15EPS of Rs.50.06 and FY16EPS of Rs.61.95. We initiate a ‘BUY’ on the stock with a […]
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