Haitong Securities India initiates buy on Finolex Industries, target price Rs 700Finolex enjoys a dominant position in India’s agri pipe market due to its competitive edge in backward integration.
- Buy Finolex Industries, target Rs 680: Sagar Doshi
Buy Finolex Industries at a price target of Rs 680 and a stop loss at Rs 600 from entry point.
This stock rewarded investors for 5 years like no other: What’s next is the questionThe numbers of the firm are bound to raise your eyebrows: a 60 per cent rise in last one year.
Demonetisation effect wearing off, PVC pipe segment to pick up growth: Anil Whabi, Director-Finance, Finolex IndustriesThe Pradhan Mantri Krishi Sinchai Yojana and increase allocation for irrigation, micro irrigation fund are pushing the demand for the PVC p...
Demonetisation & GST will have long-term positive impact for the company: Anil Whabi, Finolex IndustriesPipes and fittings segment should do well in the coming quarters and PVC segment doing well so margins at this level are quite good.