Buy Shaily Engineering Plastics; target of Rs 2110: ICICI Direct

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

ICICI Direct's research report on Shaily Engineering Plastics

Shaily Engineering is into manufacturing high precision injection moulded plastic components and finished goods in home furnishing, healthcare, toys, personal care, automotive components. Export revenue contributed ~74% to the topline in FY21 while rest came from domestic business for Shaily The company’s biggest clients include a Swedish furnishing major, which contributes ~55% to the topline

Outlook

We maintain our BUY rating on the stock We value Shaily at Rs 2110 i.e. 32x on FY23E EPS.

For all recommendations report, 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.

Read More