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Buy GM Breweries Ltd; target of Rs 760: Dynamic Levels

Dynamic Levels is bullish on GM Breweries Ltd has recommended buy rating on the stock with a target price of Rs 760 in its research report dated June 6, 2016.

June 06, 2016 / 17:51 IST
     
     
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    Dynamic Levels research report on  GM Breweries Ltd The company has a highest Market capitalization of 969.73 crs as Indian Liquor Company. Industry PE ratio for the sector is around 20, GM Breweries is trading at 16.64 lower than industry PE ratio. GM Breweries share price has surged 500% in 1year. Company’s revenue has jumped by 16.99% annually. GM Breweries is a zero debt company. Net profit jumped by 212.93% annually.

    Valuation
    We recommend BUY in GM Breweries @ 645 with the target of 760For 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: Jun 6, 2016 05:51 pm

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