Nice numbers from Kansai Nerolac. Revised target 572. SL 390. 6 months.
We are bullish on Kansai Nerolac from 356. We had a target of 385. Then above 385, we revised our target to 450 and 500. The stock is trading at 450+, Buy now and on dips towards 420-435. Target 572. 6 months. SL 390.
We have a fair price of 520 for the stock. 520 shall be hit in 3 months.
Earlier call on Kansai Nerolac:
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