Thu, May 02, 2013 at 11:19
Target Price: Rs 2200
Rationale: The compant beat Q4 EBITDA estimate by 7% on the back of a richer product mix and a favorable Yen. Demand environment remains weak and FY14 volume growth over 5% would be a challenge However, concerns over loss of market share of the company are overdone
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.