GMM Pfaudler Ltd. share price target and research reports

Name: Latest research reports of GMM Pfaudler Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: GMM Pfaudler Ltd.
Rating: 5
Author: Axis Direct

Latest analyst research reports with target prices and PDF download for GMMPFAUDLR, BSE:505255 GMM Pfaudler Ltd.

GMM Pfaudler Ltd.

10 Apr 2017

1156.80

4.01%

Initiating Coverage:GMM Pfaudler

Buy: GMM Pfaudler Ltd.

Axis Direct

GMM Pfaudler is the market leader in manufacturing of glass line equipments (>50% market share), this constitutes ~63% (Rs. 184 Cr.) of its revenues on a consolidated basis. We initiate coverage with BUY rating with a target price of Rs.634 i.e. ~19% upside (implies 24x FY19E)

GMM Pfaudler Ltd. is trading below its 200 day SMA of 1211.7

Is GMM Pfaudler Ltd. worth buying?

627 Votes:

Buy 76.24%

Sell 11.8%

Hold 11.96%