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Buy Mandhana Ind;target of Rs 335: Firstcall

Firstcall is bullish on Mandhana Ind has recommended buy rating on the stock with a target price of Rs 335 in its research report dated February 20, 2016.

March 08, 2016 / 16:57 IST
     
     
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    Firstcall's research report on Mandhana IndMandhana Industries was incorporated on July 25, 1984 at Mumbai in the State Of Maharashtra as Mandhana Textile Mills Private Limited. Mandhana Industries Limited, a multi-division, multi-geography company, is one of India’s leading textile and garment manufacturer. The Company manufactures products at its stateof-the-art facilities which finds acceptance across 25 nations globally. Vertical integration enables the Company to span the entire textile value chain enhancing growth opportunities. The textile vertical is the flagship business contributing about 80% of the Company’s revenues. The scope of the company includes designing, yarn dyeing, weaving, processing, printing and garment manufacturing. We recommend ‘BUY’ in this particular scrip with a target price of Rs. 335.00 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 8, 2016 04:57 pm

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