Ahluwalia Contracts up 14% from reco price. Revised Target 440 &SL 270.
Priority Members content:
We had recommended Ahluwalia Contracts for a target of 350 in 6 months afters its decent numbers. Stock had reported a Quarterly EPS of 4.4. The stock is also fundamental and can be held long term. Stock is now up 14%. Buy stock on dips towards 300. We are revising our target to 25x of annualised Recent quarterly EPS of 4.4.