661.55 5.60 (0.85%)
NSEJan 27, 2021 03:51 PM
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2016-07-13||Indo National Ltd. +||IDBI Capital||885.00||885.00 (-25.25%)||Not Rated|
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...