Aegis Logistics Ltd Stock Quotes and Charts
Buy Call for target of 320.<br>At a current price of Rs 235, the stock is trading at 10.2x FY08 and 9.4xFY09 earnings and EV/EBIDTA it is trading at 9.9xFY08 and 7.6x FY09. We expect net profit to increase by 59.2% to Rs 375 million and by 9% to Rs 409 million in FY09 with the commencement of liquid logistic facility of 75,000 KL at Trombay and 51,000 KL facility at Kochi. We maintain our valuation at 13xFY09 earnings with target price of Rs 320. We are revising our rating from Outperformer to BUY," says Karvy's research report.
<b>Buy@ Rs 288.45 For target of Rs 450 In 3 Months.</b><br><br>Buy for the Target of 450.
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