The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spillâ€over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.
Dynamic Levels is bullish on APL Apollo Tubes has recommended buy rating on the stock with a target price of Rs 1080 in its research report dated Jun 14, 2016
Aashish Tater of FortuneWizard.com is of the view that Amulya Leasing & Finance may move to Rs 225.
Accumulate Good Luck Steel Tube around Rs 20 with a long-term perspective, says Ashish Chugh, Investment Analyst & Author of Hidden Gems.