IDBI Capital's Stock Idea
IDBI Capital is Bullish on Century Plyboards (India) Ltd.
Idea Submitted on 23Jan,2018
  • 34 Total Ideas
  • 0 Active Ideas
  • 34 Closed Ideas
  • 0 Friends
  • 4 Followers
  • Avg. Returns
     -6.77%
    Rank
    126
    Success Rate
      41.18%
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      Buy Century Plyboards(I) Idea
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      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 268.6 (17May,18 09:29:am)
     Time Frame
    1year
     Start Price
    341
     Target Price
    421
     Stop Loss
    272.8
     Projected Gain
    80 (23.46% Upside)
     Returns Achieved
    -72.4     -21.23%
     Analysis
    We believe Century's earnings are at an inflection point given that its capex cycle is nearly complete. Century ticks most boxes for a long-term view: A large size, strong brands, backward integration and strong distribution network with significant presence of unorganized players in the industry. We value the stock at a PE multiple of 26.0x on our FY20 EPS estimate to derive a target price of Rs421. We initiate coverage on the stock with a Buy rating View Research Report (Time period & Stop Loss Auto Inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Century Plyboards(I)
    167
    Sentimeter
    Buy Calls: 8 Sell Calls: 0
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