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Buy IFB Agro with a target of Rs 139: Joshi

Buy IFB Agro with a target of Rs 139, says Sharmila Joshi of Fairwealth Securities

August 03, 2011 / 14:45 IST
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Buy IFB Agro with a target of Rs 139, says Sharmila Joshi of Fairwealth Securities

Joshi told CNBC-TV18, "Buy IFB Agro with a target of Rs 139. Super set of numbers from the company in this quarter, profits are up by whopping 873%. Albeit they grew from a smaller base but this company seems to be coming into it own. So this makes the kind of profitability done in the last two quarters make the valuations look really very cheap."

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first published: Aug 3, 2011 02:10 pm

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