Angel Broking maintains a buy rating on HSIL with a target price of Rs510. HSIL Limited (HSIL) is an Indian company, which offers sanitaryware products, faucets, and glass bottles.
The company has entered into new segments like consumer, pipes and caps and closures which will drive the further growth. Angel Broking expects HSIL to report net revenue CAGR of 12 percent to Rs2,905 crore over FY2017-20E.
On bottom-line front, the brokerage firm expects CAGR of 15 percent to Rs154 crore over FY2017-20E owing to improvement in operating margins.
Disclaimer: The views and investment tips expressed by investment experts 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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
