Author Topic: Astral Poly Technik Review / Target  (Read 2632 times)

0 Members and 1 Guest are viewing this topic.

resh

  • Sr. Member
  • ****
  • Posts: 297
Astral Poly Technik Review / Target
« on: February 09, 2015, 12:56:38 PM »
Astral Poly Technik is Hot Favorite of India's Best performing hedge Fund Manager Ralph http://in.reuters.com/article/2015/02/06/hedgefunds-india-performance-idINKBN0LA1UY20150206

Kotak Sec has also initiated Coverage with the Following Review and Stock Target Price
Quote
We initiate coverage on Astral Poly Technik with a BUY rating and target price of Rs 480, based on 32X FY2017E EPS. We expect the company to continue on its strong earnings growth trajectory—40% CAGR in FY2015-18E—as it gets set to expand its presence in the adhesive and sealants segment, after showcasing an excellent track record in the plastic pipes business delivering 41% CAGR in volumes, revenues and EBITDA and 36% CAGR in PAT in the past seven years