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

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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

Kotak Sec has also initiated Coverage with the Following Review and Stock Target Price
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