Valuation: We are positive on the company backed by the implementation of GST that will boost the revenue of the organized sector and on the account of investment made by the company to diversify its product portfolio which will boost its revenue. At CMP of Rs.1593.1, it is trading at a P/E multiple of 19.8x and 17.1x to its FY18E and FY19E earnings, respectively. On the basis of estimates, we arrive at a target price in...