Indian Terrain post strong set of numbers. Hold for a target of 250.
Stock post 2.66 EPS. which is above our yearly target of 2.50 at 30x.
Have a stoploss at 180. Buy on dips towards 190. Target 250. 3 months.
We anticipate the company to post 3 EPS in coming quarters. At 12 EPS a year and at 30 PE. We have a target of 12×30=360 in a year.
Earlier call on Indian Terrain:
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