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SP Apparels – subdued quarter doesn’t take away long-term prospects

We expect SPAL’s FY18 numbers to remain fairly flat, since most of the company’s IPO funds will be locked in manufacturing upgradation processes till the end of the year. Repayment of debt during the fiscal, however, will strengthen the bottom-line, albeit marginally.
Why this apparel stock could be a good bet in the long-term

SP Apparels may have not seen a blockbuster listing at the bourses in August 2016, but its bull run since then has been anything but lacklusture.
Buy S P Apparels; target of Rs 545: Systematix

Systematix is bullish on S P Apparels has recommended buy rating on the stock with a target price of Rs 545 in its research report dated February 17, 2017.

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SP Apparels – subdued quarter doesn’t take away long-term prospects

Why this apparel stock could be a good bet in the long-term

Buy S P Apparels; target of Rs 545: Systematix