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Buy Maheshwari logistics; target of Rs 250: Equity99

Equity99 is bullish on Maheshwari logistics recommended buy rating on the stock with a target price of Rs 250 in its research report dated April 04, 2022.

April 05, 2022 / 11:41 AM IST
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Equity99's research report on Maheshwari logistics

Maheshwari Logistics is engaged in the Business of Carriers, Transporters, dealing in papers, Board M.G Kraft Paper , Waste Paper, Kraft Paper , writing Papers and all other Papers and Dealing in coal and Lignite etc. Company handled 13.87MT of logistics for FY21. Also, for FY21 it collected 1 Lakh tonne of waste papers through its 5 centres.


Considering the market-cap of company the Subsidy amount is very substantial. Keeping in mind the above factors, we initiate BUY call on Maheshwari Logistics Ltd with target price of Rs 250.

For all recommendations report, click here

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first published: Apr 5, 2022 11:33 am