Buy Aries Agro, target of Rs 200: LKP Shares

1591 Investors following Aries Agro. Share this News with them.

0

Like this story, share it with millions of investors on M3

Buy Aries Agro, target of Rs 200: LKP Shares

LKP Shares has maintained its buy rating on Aries Agro with a 12-month target price of Rs 200. Aries operates in an India centric rural domain space and we remain confident of the management's ability to ramp up the business model and achieve traction going forward.

Post your opinion here

 

0

Tweet

Share on Tumblr

RELATED NEWS Buy Piramal Life Sciences, target Rs 270: Emkay Global Buy Ballarpur Industries,target Rs 45: Emkay Global Buy IRB Infrastructure, target of Rs 218: Emkay Global Buy Opto Circuits, target of Rs 423: Emkay Global Hold Infosys, target of Rs 1836: Emkay Global Aries Agro BSE | NSE 31/05/12 Are Mutual Funds betting on Aries Agro?

LKP Shares has maintained its buy rating on Aries Agro with a 12-month target price of Rs 200 in its August 28, 2008 research report. "Aries operates in an India centric rural domain space and we remain confident of the management's ability to ramp up the business model and achieve traction going forward. Despite scaling down of margins in our updated forecasts, we project a three year CAGR of 43% in profits on the back of a 33% growth in revenues over FY'08- 11 in a business with healthy margins and return ratios. We reiterate BUY on the stock with a 12-month price target of Rs 200," says LKP Share' research report.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

For further details click on attachment......