Navneet has target of Rs 65: Aunali Rupani

Published on Fri, Aug 26, 2011 at 13:04 |  Source : CNBC-TV18

Updated at Fri, Aug 26, 2011 at 14:47  

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Navneet has target of Rs 65: Aunali Rupani

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Navneet Publications has target of Rs 65, says Aunali Rupani, Director of Arm Research.

Rupani told CNBC-TV18, "Navneet Publications has the best dividend policy by far. It distributes close to 46% of its net profits as dividends. The stock is trading cum dividend as of now."

He further added, "Navneet has given superior returns to long term investors. The stock has multiplied 35 times in last 16 years of listing. My target will be Rs 65 and stop loss at Rs 60."

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