Indo National Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NIPPOBATRY, BSE:504058 Indo National Ltd.

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Indo National Ltd.

13 Jul 2016

479.00

0.32%

Stock Idea of Indo-National Ltd

Not Rated: Indo National Ltd.

IDBI Capital

Indo-National Ltd. (INL) is the 2nd largest player in manufacturing of dry cell batteries in India. It is well known brand in Indian household battery market with strong distributors' network and presence in retail outlets. Sound management team (backed by Apollo hospital group), superior position and reputation along with the consistency in paying higher dividends are the key feature. In FY16, it has diversified its business by acquiring composite manufactures Kineco, Goa, which could act as a key catalyst in driving overall performance. The stock is currently...

Indo National Ltd. is trading below its 50 day SMA of 485.8

Is Indo National Ltd. worth buying?

28 Votes:

Buy 60.71%

Sell 14.29%

Hold 25.0%