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Buy Dai-Ichi Karkar; target of Rs 430: Firstcall

Firstcall is bullish on Dai-Ichi Karkar has recommended buy rating on the stock with a target price of Rs 430 in its research report dated March 17, 2016.

March 30, 2016 / 16:27 IST
 
 
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Firstcall's research report on Dai-Ichi KarkarDAI-ICHI KARKARIA LTD commenced commercial production in 1963, in technical collaboration with the world renowned Dai-Ichi Kogyo Seiyaku Co. Ltd., Japan. The company has access to relevant and innovative technology, together with 42 years of experience in the development and manufacture of high performance specialty chemicals for different applications. Dai-Ichi Karkaria Ltd. has its manufacturing facilities at Pune and Kurkumbh. The company has built a reputation on innovation & quality. Consistent quality standards are maintained and upgraded continuously in line with customer expectations. We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs.430.00 for Medium to Long term investment. For all recommendations, 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.

first published: Mar 30, 2016 04:27 pm

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