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Sep 24, 2009, 11.22 AM IST
SKP Securities has recommended a buy rating on Somany Ceramics, with 12-month price target of Rs 183.
SKP Securities has recommended a buy rating on Somany Ceramics , with 12-month price target of Rs 183, in its report dated September 23, 2009.
"Somany Ceramics is well on its way to way to improve its ever expending market share by way of sales growth, better marketability and focused R&D. We recommend a 'BUY' on the stock with a 12-month target price of Rs 183 at 10x FY10E earnings, giving it an upside potential of 73%," says SKP Securities' 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. ......
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