Sharekhan has recommended hold rating on PI Industries with a target price of Rs 940 in its research report dated March 06, 2018.
Sharekhan's research report on PI Industries
We met the management of PI Industries to get a business update about the company and also discuss on the future outlook. The management has indicated that the global agri-commodity cycle has been picking up off-late; as clients have started placing orders for which shipment has begun.
OutlookMaintain hold with revised target price of Rs 940. In order to accelerate growth momentum the management is focusing on branded products, launching new products and forging tie-ups and partnerships to increase its client base.
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