Tata Global is set to announce its 4Q FY 2012 results. We expect the company’s consolidated top line to grow by 6.6 % y o y (year on year) to Rs. 1,660 crore.
OPM is expected to grow by 3.43% y o y to 11.7 %, aided by focus on branded products.
Net profit is expected to grow by 122 y o y to Rs. 65 crore.
We maintain our Buy view on the stock with a target price of Rs. 136.
Review By Angel Broking
6thFloor, Ackruti Star, Central Road,MIDC
Andheri (E) , Mumbai-93
Main : (91-22) 3935 7600 Extn : 6956
Website : www.angelbroking.com
No comments:
Post a Comment