Moneycontrol Be a Pro
Get App
Last Updated : Feb 15, 2019 02:57 PM IST | Source: Moneycontrol.com

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.

Broker Research @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

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.


Outlook


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 moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Feb 15, 2019 02:57 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant