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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-10-18||Sunil Hitech Enginee.. +||Ventura||13.10||13.10 (-97.33%)||Buy|
Currently the stock trades at 4.1x FY19 EV/EBITDA which is at a significant discount of ~83% to the median industry level of 9.2x FY19EV/EBIDTA. We recommend a BUY at the CMP of Rs 12.7 for a price target of Rs 33.5,(7.5x FY19EV/EBIDTA) representing an upside of 165.7% over a period of 24 months.