Going ahead, we expect the company’s sales to grow by 15.1% in FY19E & 15.3% FY20E. We expect operating margins to come in at 30.1% & 30.4% in FY19E & FY 20E respectively. We recommend a Buy on Shemaroo with a target price of Rs 643, based on 1 x FY 20E EPS (30% return)
- stoploss not specified.(stoploss of 40% auto inserted)
- Time period not specified (3 years time period auto inserted)Nirmal Bang's Buy Call Submitted By : Market Maniac
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