Buy Ganesha Ecosphere Ltd., target Rs 275.0 : Ashish Maheshwari

Ashish Maheshwari of Blue Ocean Strategic Advisors has Buy call on Ganesha Ecosphere Ltd. with a target price of Rs 275.0. The current market price of Ganesha Ecosphere Ltd. is 222.25. Time period given by analyst is Half-yearly, when Ganesha Ecosphere Ltd. price can reach defined target. Maheshwari is expecting good growth in top line as well as bottomline in next year and that next year their plan will be operational. He is expecting a top line of almost Rs 800 crore and bottomline of almost Rs 40 crore. So if I see valuation wise next year this company can report a EPS of around Rs 21. The stock is still available at 10 price earnings multiple with very quality management as well as lot of noted institutional investors.