Buy IL&FS Transportation Networks Ltd., target Rs 110.0 : Sharekhan

Sharekhan has Buy call on IL&FS Transportation Networks Ltd. with a target price of Rs 110.0. The current market price of IL&FS Transportation Networks Ltd. is 90.0. Time period given by analyst is year, when IL&FS Transportation Networks Ltd. price can reach defined target. Sharekhan sees 16% upside as it is trading below book value due to higher leverage issues