Strong Results from Shree Pushkar. Continue holding for target of 280.
Stock has posted a topline growth of 20% and EPS close to Rs. 3 last quarter.
We expect the company to post 3.5 to 4 EPS in coming quarters. At 14 EPS a year and at 20x PE. Stock can move to 280 in 6 months.
SL 210. Buy more on dips towards 220. Stock is trading at fresh 52 week high above 232.
Earlier call on Shree Pushkar:
I am Admin, Gale.in. I am into investing and trading for last 7 years. I love sharing my knowledge and to educate people. I write articles regarding stock market to enlighten people about stock market and also share stock ideas at Gale.in to ensure retail investors of decent profits. You can contact me at email@example.com for stock queries. Have a wonderful time at Gale.in.