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Hold Granules India, target Rs 150-155: Avinnash Gorakssakar

According to Avinnash Gorakssakar, Market Expert, one may hold Granules India.

July 14, 2017 / 17:31 IST

Avinnash Gorakssakar, Market Expert told CNBC-TV18, "One should hold on to Granules India. Our sense is that the company should definitely show better traction from its US operations in the year FY18. I think in terms of margins and in terms of the overall topline growth, our sense is that one could definitely expect 18-20 percent kind of earnings growth for the coming year."

He further added, "One should hold on for a target price of at least Rs 150-155. I think at that point of time, one could book out some profits."

first published: Jul 14, 2017 03:45 pm

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