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Buy Stylam Industries; target of Rs 225:Firstcall

Firstcall is bullish on Stylam Industries and has recommended buy rating on the stock with a target price of Rs 225 in its research report dated December 16, 2015.

December 17, 2015 / 15:49 IST
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Firstcall's reserach report on Stylam IndustriesStylam Industries Limited Incepted in the year 1991 as a private limited concern. The foundation stone of the company was laid down by the name of Golden Laminates Ltd. The company started its journey to success from the manufacturing of Luxury decorative laminated sheets for both residential as well as industrial applications. Combining industrious efforts and wide experience, the company deals in industrial as well as advanced laminates i.e. Post forming and Antistatic laminates under the brand name STYLAM. Stylam Industries Limited is an ISO 9001:2008 certified Company that itself shows the integrity, quality and reliability of the company. The design and efficiency of the laminates have assisted the company is winning the award of CE Marking. The company is in the business of laminates i.e. Decorative Laminates, Metallic Laminates, Compact Laminates, Exterior Laminate etc. Over the past 23 years, the company has created multiple drivers of growth by developing a portfolio of world‐class products.We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs.225.00 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: Dec 17, 2015 03:49 pm

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