Buy Siyaram Silk Mills with a target of Rs 1469: Angel Broking

Angel Broking has a buy call on Siyaram Silk Mills Ltd. with a target price of Rs 1469 . The current market price of Siyaram Silk Mills Ltd. is Rs 1279.55 . Time period given by analyst is year when Siyaram Silk Mills Ltd. price can reach defined target. Siyaram Silk Mills has a portfolio of strong brands and distribution network would boost growth going ahead. The stock currently trades at an inexpensive valuation and thus makes a good buy.