Results update: Sanwaria Agro. Marginal increase in Revenue. Decent Margins.
Stock has quoted Quarterly EPS of .34.
At 20x Annualized EPS, Fair value will stay lower at 27.
At 25x Annualized EPS, Target Price is 34.
Dip towards 22-23 can be bought into. Rally towards 36-40 can be sold into.
Earlier call on Sanwaria:
Update on Sanwaria Agro. Results to be out tomorrow. We are positive.
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