Buy IFGL Refractories with a target of Rs 220: Centrum Broking
Buy IFGL Refractories Ltd. with a target of Rs 220. There is a strong opportunity for IFGL to gain steady market share globally with its strong FCF generation and low leverage with consistent payouts.
By ET Bureau | Updated:
Centrum Broking has Buy call on IFGL Refractories Ltd. with a target price of Rs 220 . The current market price of IFGL Refractories Ltd. is 167.5 . Time period given by analyst is year when IFGL Refractories Ltd. price can reach defined target.
Centrum Broking says there is a strong opportunity for IFGL to gain steady market share globally with its strong FCF generation and low leverage with consistent payouts. It has well-funded asset base providing large incremental growth opportunity at very little capex.
Centrum Broking says there is a strong opportunity for IFGL to gain steady market share globally with its strong FCF generation and low leverage with consistent payouts. It has well-funded asset base providing large incremental growth opportunity at very little capex.
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