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Buy Ganesh Housing; target of Rs 202: Firstcall
Firstcall India Equity Advisors is bullish on , Ganesh Housing Corporation and has recommended buy rating on the stock with a target of Rs 202 in its June 26, 2010 research report.
Firstcall India Equity Advisors is bullish on , Ganesh Housing Corporation and has recommended buy rating on the stock with a target of Rs 202 in its June 26, 2010 research report.
"At the current market price of Rs 176, Ganesh Housing Corporation is trading at 8.64 x FY11E and 7.39 x FY12E respectively. Price to Book Value of the stock is expected to be at 0.99 x and 0.88 x respectively for FY11E and FY12E. Earning per share (EPS) of the company for the earnings for FY11E and FY12E is seen at Rs 20.37 and Rs 23.82 respectively. We expect that the company will keep its growth story in the coming quarters also. We recommend buy in this particular scrip with a target price of Rs 202 for Medium term investment," says Firstcall India Equity Advisors research report.
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