Maintain “BUY” with TP of 427 (24x FY20E EPS)
- Posted by team
- On August 31, 2014
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We estimate PAT CAGR of 25% over FY18 20. Maintain “BUY” with TP of 427 (24x FY20E EPS).We believe CUMI is well positioned to ride demand recovery across segments in India and globally, by scaling up the value chain with advanced products. Maintain ‘BUY’ with TP of 427 (in line with five year avg.
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