Buy Nahar Industrial Enterprises Ltd., target Rs 124.5 : HDFC Securities

HDFC Securities has Buy call on Nahar Industrial Enterprises Ltd. with a target price of Rs 124.5-144. The current market price of Nahar Industrial Enterprises Ltd. is 113.6. Time period given by analyst is Half-yearly, when Nahar Industrial Enterprises Ltd. price can reach defined target. HDFC Securities HDFC Securities cited attractive valuation at 0.53xFY18 p/bv.