Buy Sunil Hightech Eng; tgt Rs 274: FairWealth Securities

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Buy Sunil Hightech Eng; tgt Rs 274: FairWealth Securities

FairWealth Securities is bullish on Sunil Hitech Engineers with a target of Rs 274 in its June 28, 2010 research report.

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FairWealth Securities is bullish on Sunil Hitech Engineers with a target of Rs 274 in its June 28, 2010 research report.

"At the current price of 206, Sunil Hitech Engineers is trading at just 5.46 times of our estimated FY11 earnings. We thus recommend a buy with a price target of Rs 274," says FairWealth Securities 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