Arihant Capital has recommended accumulate rating on Jagran Prakash with a target price of Rs 213 in its research report dated February 16, 2017.
Arihant Capital's research report on Jagran Prakash
At CMP of Rs 187 per share the stock is trading at P/E and P/BV multiple of 13.2(x) and 3.0(x) respectively. We have valued the stock at P/E multiple of 15(x) to FY 18E and have arrived at fair value of Rs 213 per share. We have Accumulate rating for the stock.
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