Buy Atul Auto; target of Rs 136: Firstcall

651 Investors following Atul Auto. Share this News with them.

0

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

Buy Atul Auto; target of Rs 136: Firstcall

Firstcall India Equity Advisors is bullish on Atul Auto and has recommended buy rating on the stock with a target of Rs 136 in its June 26, 2010 research report.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ See previous views by Firstcall India Equity Advisors See what other Experts & Brokerages are saying about Atul Auto See messages about Atul Auto BSE | NSE 01/01/70 Are Mutual Funds betting on ?

Firstcall India Equity Advisors is bullish on Atul Auto and has recommended buy rating on the stock with a target of Rs 136 in its June 26, 2010 research report.

"At the market price of Rs 104.80, Atul Auto is trading at 10.95 x and 8.99 x for FY11E and FY12E respectively. On the basis of EV/EBDITA, the stock trades at 4.55 x for FY11E and 4.42 x for FY12E. We recommend buy this stock with a target price of Rs 136 for medium to long term investment," says Firstcall India Equity Advisors 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.               

To read the full report click on the attachment