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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-08-21||Mangalam Seeds Ltd.||Kotak Securities||88.00||88.00 (-37.39%)||Buy|
MSL Q1FY19 result significantly outperformed our estimates; sales grew on back of improved realizations in Seamless as well as ERW pipe division. Margins expanded significantly on y/y and sequential basis demonstrating the pricing power. We note that Q1FY19 (and so the Q4FY18 quarter) signals...