Moneycontrol PRO

Accumulate VRL Logistics; target of Rs 300: Dolat Capital

Dolat Capital recommended accumulate rating on VRL Logistics with a target price of Rs 300 in its research report dated February 11, 2019.

February 15, 2019 / 02:57 PM IST
  • bselive
  • nselive
Todays L/H

Dolat Capital's research report on VRL Logistics

Even with high competition intensity and uncertainty in fuel cost, there are signs of improvement in business sentiment with a likely a tonnage growth of 7-8%. This likely to help the company able to achieve its targeted revenue growth of 10% YoY for FY19, in our view.


Hence, we continue to be positive on the company’s growth prospects, with an estimated CAGR growth of 13% for FY18-21E in earnings and continue to maintain Accumulate with a TP ` 300.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Broker Research
first published: Feb 15, 2019 02:57 pm

stay updated

Get Daily News on your Browser
ISO 27001 - BSI Assurance Mark