Reports On Company: Gokaldas Exports
| Atarco acquisition is a win-win deal for Gokaldas Exports. Buy for target price of Rs 884: Nuvama | |
| Company: | Gokaldas Exports |
| Brokerage: | Nuvama |
| Date of report: | August 29, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 20% |
| Summary: | Atarco acquisition a win-win deal Gokaldas Exports (GEXP) has announced the complete acquisition of the Atraco Group (Atraco) for USD55mn. Through this deal, it will gain duty free access to the US and European markets (duties on Indian imports range from 11% to 28%). Atraco has five production units: four/ one in Kenya/Ethiopia, with a […] |
| Full Report: | Click here to view full post with link to download pdf file |
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