Moneycontrol Be a Pro
Get App
Last Updated : Mar 07, 2018 02:55 PM IST | Source: CNBC-TV18

Hold Jayant Agro-Organics, target Rs 400: Shahina Mukadam

Shahina Mukadam, Market Expert is of the view that one may hold Jayant Agro-Organics.

CNBC TV18 @moneycontrolcom

Shahina Mukadam, Market Expert told CNBC-TV18, "In Jayant Agro-Organics one should remain invested because the numbers are improving quite well. If we saw the last quarter they have shown a very good improvement in overall sales."

"I think with the export business picking up; they are in to shrimps export, other agro exports, I think this should do better going forward. Even if you look on valuations on EV to EBITDA basis it is about 13 times which in my view is not expensive. So, I would continue holding on. I would keep a target of around Rs 400 and do keep a stop loss of Rs 330," she added.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Mar 7, 2018 02:55 pm
Follow us on
Available On
PCI DSS Compliant