Reports On Company: Atul Limited
Atul Limited Research Report By IIFL | |
Company: | Atul Limited |
Brokerage: | IIFL |
Date of report: | January 11, 2018 |
Type of Report: | Initiating Coverage |
Recommendation: | Buy |
Upside Potential: | 21% |
Summary: | Atul Ltd is reasonably priced at 17.4x FY20E EPS, which is attractive in the peer group. We expect valuations to rise further to 21x FY20E EPS backed by improvement in margins, free cash flow generation and expected debt-free position of the company |
Full Report: | Click here to view full post with link to download pdf file |
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