The 1 reports from 1 analysts offering long term price targets for D P Abhushan Ltd. have an average target of 92.00. The consensus estimate represents an upside of 3.49% from the last price of 88.90.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-07-03||D P Abhushan Ltd.||Arihant Capital||77.00||92.00||77.00 (15.45%)||Target met||Buy|
Kataria family promoted D. P. Abhushan Ltd (DPAL) is engaged into the retail business of Gold and Diamond Jewellery & Ornaments. At present, company has four showrooms situated at various places from where it operates its Jewellery stores. Company has high growth potential in organised Indian jewellery sector backed by : 1) Strong Brand image; 2) Store Expansion plan 3) Improving gross margins due to better sales mix and lower cost of sales. We estimate DPAL to record PAT CAGR of 12% over the period of FY20-22E backed by improvement in gross...