Karvy
Capex Addition to Drive Growth across All Segments: The company has capex plan of Rs. 1430 Mn and Rs.370 Mn respectively for SodaAsh and Textile for FY17E and has plan to allocate Rs. 800 Mn & Rs.673 Mn for soda ash & textile divisions, respectively by FY18E to increase their productioncapacity. Thus, capacity expansion and maintaining of capacity utilization in the range of 85-90% in forthcoming years will enhance topline growth.
GHCL Ltd. has an average target of 900.00 from 2 brokers.
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