Arshiya International can move to Rs 200: Hemang Jani

Arshiya International can move to Rs 200, says Hemang Jani of Sharekhan.

Jani told CNBC-TV18, "We think that Arshiya International can move up to about Rs 200. This is one of the few integrated companies, which is into logistics and FTWZ. With rail business in place the company has already invested heavily into FTWZ, in the rail business and its Panvel unit is already operational and we think that because of that there is going to be a very strong growth in the topline and bottomline."
He further added, "The company is available at about 7.5 times FY12 and about 5 times FY13 earnings and we think that looking at the kind of business and the kind of management, execution capabilities, this stock can move up to about Rs 220." Disclosure: It will be safe to presume that I personally and my company have interest in the stocks that I have talked about.