Moneycontrol
Jan 08, 2018 01:44 PM IST | Source: Moneycontrol.com

Buy S Chand and Company Ltd; target of Rs 632: Nirmal Bang

Nirmal Bang is bullish on S Chand and Company Ltd has recommended buy rating on the stock with a target price of Rs 632 in its research report dated December 18, 2017.

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Nirmal Bang' research report on S Chand and Company Ltd


Founded in the year 1939, S Chand delivers content, solutions and services across the education lifecycle through its K-12, higher education and early learning segments. Its major brands are S Chand, Vikas, Madhubun, Saraswati, Ignitor and Destination Success as well as the Chhaya and IPP brands

Outlook

We recommend a BUY on SChand with a target price of Rs 632, based on 18x FY19E EPS (29% return)


For all recommendations report, 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.

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