Brokerages bullish on L&T, NIIT Tech, Ashok Leyland, DCB, Oberoi Realty
Wed, Jul 17, 2013 at 09:09
Brokerage: IndiaNivesh Sec
Target: Rs 284
Rationale: At CMP of Rs 217, Oberoi Realty is trading at FY14E & FY15E, EV/EBITDA multiple of 5.2x & 3.7x, respectively. We maintain BUY rating on the stock with price target of Rs 284.