At Rs 130 Goldiam Int looks attractive: Shailee Shah

840 Investors following Goldiam Inter. Share this News with them.

0

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

At Rs 130 Goldiam Int looks attractive: Shailee Shah

One-year price target for this stock would be around Rs 298, which is a solid return of 129% from the current levels in another 12 months’ time.

Post your opinion here

 

0

Tweet

Share on Tumblr

At Rs 130 odd levels Goldiam International looks pretty attractive for an investor. Based on my rough-cut projections, the stock is priced at 10 times FY07 earnings and 6 times FY08 earnings. These are excellent valuations for an investor.

Even its peers like Gitanjali Gems , Rajesh Exports , are trading at 6 times FY08 earnings.

One-year price target for this stock would be around Rs 298, which is a solid return of 129% from the current levels in another 12 months' time.