Centrum is bullish on Ratnamani Metals & Tubes has recommended buy rating on the stock with a target price of Rs 770 in its research report dated February 08, 2017.
Centrum's research report on Ratnamani Metals & Tubes
We continue to believe in RMTL’s long-term growth story, with expected strong domestic capex over FY18-19E and completion of expansion in the high-margin SS business by FY19E. Retain Buy with a revised TP of Rs770 based on DCF valuation.
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