Centrum is bullish on IFGL Refractories has recommended buy rating on the stock with a target price of Rs 240 in its research report dated February 15, 2017.
Centrum's report on IFGL Refractories
We maintain our Buy rating on IFGL Refractories Ltd. and revise our TP to Rs 240. Q3 performance was satisfactory (EBITDA up 11% YoY) with high margin subs of IEL/EIC continuing to do well.
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