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Last Updated : Apr 05, 2018 05:54 PM IST | Source: Moneycontrol.com

Accumulate Control Print Ltd; target of Rs 560: Yes Securities

Yes Securities is bullish on Control Print Ltd has recommended accumulate rating on the stock with a target price of Rs 560 in its research report dated March 05, 2018.

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Yes Securities' research report on Control Print Ltd


Control Print Limited (CPL) is involved in the coding and marking (C&M) industry. The company manufactures and sells C&M systems and other related supplies catering to the needs of various industries such as foods, beverages, FMCG, agrochemicals, seeds, cables/ wires, pipes, extruded plastics, textiles, steel/ metal, pharmaceuticals, cement, plywood, amongst others.

Outlook

To add to this, the industry enjoys fairly high entry barriers and a sticky business model which provides good revenue visibility. We initiate coverage on CPL with ACCUMULATE view and a TP of INR 560 from a 2 to 3 year perspective.

For all recommendations report, click here


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First Published on Mar 5, 2018 06:10 pm
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