Himadri Chemicals has target of Rs 750: Chedda

Published on Mon, Dec 10, 2007 at 15:14 |  Source : Moneycontrol.com

Updated at Mon, Dec 10, 2007 at 17:16  

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Pritesh Chedda, ., Emkay Share & Stockbrokers

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Pritesh Chedda of Emkay Share & Stockbrokers is of the view that Himadri Chemicals has target of Rs 750.

Chedda told CNBC-TV18, "For Himadri Chemicals the target will be upwards of about Rs 750. The stock is trading close to 15-17 times. If one would see global players like Cooper, they are already trading at 20 times. So there is clear-cut upside in Himadri Chemicals as well."

Disclosure: Analyst doesn't hold the above stock.

  

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