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Last Updated : Mar 20, 2019 04:20 PM IST | Source:

Buy Kalpataru Power Transmission; target of Rs 552: Sharekhan

Sharekhan is bullish on Kalpataru Power Transmission has recommended buy rating on the stock with a target price of Rs 552 in its research report dated March 15, 2019.

Broker Research @moneycontrolcom
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Sharekhan's research report on Kalpataru Power Transmission

Order book strengthens (2.2x TTM) with recent order wins and order inflow visibility in railways, oil & gas provides incremental opportunities. Introduced FY2021E numbers and expect revenue and earnings CAGR of 17% and 19%, respectively, over FY2018-FY2021E.


We maintain Buy on the stock with a revised price target of Rs. 552 on a SoTP basis, factoring in healthy execution on a strong order backlog.

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.

First Published on Mar 20, 2019 04:20 pm
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