P

P

LORD JESUS CHRIST SAYS

So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.

27 Nov 2018

SHARE MARKET--Anand Rathi's research report on HIL


Anand Rathi's research report on HIL

Its sharper focus on cost optimisation, solution-centric approach and ramped-up pipe capacities led HIL to report a good performance. Its strong brand, optimised working capital, Parador acquisition and leading position in asbestos-based roofing and AAC blocks are other positives. We retain our Buy recommendation.

Outlook

We believe that HIL, with its leading position, expansion in a high-growth market and its better operating performance, will post a sturdy performance. We, therefore, retain our Buy rating, with a target of `2,763 at a 15x PE on FY20e.


No comments:

Post a Comment