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Sangam India (CRISIL) Weaving a healthy growth |
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To benefit from the upturn in the PV yarn market;Increased branding initiatives in the fabric space;Key risks: Volatile raw material prices and intense competition;Revenues to grow at a CAGR of 12% to Rs 14.6 bn by FY13;Valuation: Current market price has strong upside | Date | Rating | Target Price | Recommendation Price | Broker house | | 12 Jul 2011 | 3/5;(Fundamental Grade 4/5 (Strong fundamentals); Valuation Grade 5/5 (CMP has strong upside)) | 63 | 38 | CRISIL Report | |
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Sangam India (CRISIL) Weaving a healthy growth |
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To benefit from the upturn in the PV yarn market;Increased branding initiatives in the fabric space;Key risks: Volatile raw material prices and intense competition;Revenues to grow at a CAGR of 12% to Rs 14.6 bn by FY13;Valuation: Current market price has strong upside | Date | Rating | Target Price | Recommendation Price | Broker house | | 12 Jul 2011 | 3/5;(Fundamental Grade 4/5 (Strong fundamentals) Valuation Grade 5/5 (CMP has strong upside)) | 63 | 38 | CRISIL Report | |
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