HSIL Q2FY19: Upside of 48%; Buy

SKP Research | Dec. 4, 2018, 11:47 a.m.

Valuation

Given HSIL's strong brand equity & distribution network, changing consumer preferences towards premium & lifestyle products along with diverse product basket and a turnaround in its glass containers business augurs well for HSIL. We have valued the stock on SOTP basis and recommend "Buy" on the stock with a target price of Rs 303 (upside of 48%) in 15 months.



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