HomeNewsBusinessStocksBuy Skipper; target of Rs 241: Firstcall

Buy Skipper; target of Rs 241: Firstcall

Firstcall is bullish on Skipper and has recommended buy rating on the stock with a target price of Rs 241 in its research report dated January 6, 2016.

January 08, 2016 / 12:56 IST
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Firstcall's research report on SkipperSkipper Limited was established in 1981 and is based in Kolkata, India. The Company is one of the leading manufacturers and suppliers of towers and monopoles for Power transmission and telecom, High Mast Poles and Swaged Poles for power distribution, PVC, GI and SWR Pipes & Fittings in India. Skipper differentiates its offerings with high quality but cost effective solution for infrastructure providers and telecom operators who are looking to roll out smart economical networks in the shortest possible time. On the business front, from being a National player, Skipper has been continuously expanding to reach out to more international markets. The Company’s global presence spans across South America, Europe, Africa, Middle East, south and south East Asia and Australia. In the PVC pipe vertical with consistent expansion, Skipper is moving on to become a national entity from being one of the leaders in PVC pipe business in Eastern India. The performance and sustained growth of Skipper Limited over the last few years is a testimony of the strong foundation that the company has been built upon.We recommend ‘BUY’ in this particular scrip with a target price of Rs.241.00 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: Jan 8, 2016 12:56 pm

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