CMPrice:- Rs.155.30 Target Price:- Rs208 Summary V-Guard is into the manufacturing and marketing of products such as stabilizers, cables, water and solar heater, pumps, fans, UPS and Digital UPS which have mass consumption demand. It is a significant brand in South India. It has recently expanded operations pan India and we believe the market...
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Buy V-Guard Industries Ltd.
Buy Infinite Computer Solutions (India) Ltd.
Target Price :-Rs 226 Current Market Price:- Rs164.15 New service lines to fuel growth ICSL increased the revenue contribution from emerging services such as RIM, testing and IP to c40% of its revenues in FY10; the remaining was from ADM services. We forecast EBITDA margins to contract by up to 180‐bp during FY10‐FY13 due...