Reports On Company: Vardhman Special Steel
| VSSL’s aim is to make it big in the special steel domain with backing of Aichi Steel Corp. Buy for target price of ₹260 (30% upside): ICICI-Direct | |
| Company: | Vardhman Special Steel |
| Brokerage: | ICICI-Direct |
| Date of report: | October 19, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 30% |
| Summary: | We assign BUY rating to the stock gaining confidence from VSSL’s aim to make it big in the special steel domain amidst backing of Aichi Steel Corporation. We value VSSL at ₹260 i.e., 18x PE on FY25E-26E average EPS of ₹14.3/share |
| Full Report: | Click here to view full post with link to download pdf file |
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