Allied Digital Services : Reco Price Rs. 741.55 CMP: Rs.815.70 (Gain 10.00%)
Though the stock has run up sharply in the recent past, there is still ample upside scope based on the expected robust growth earnings (including boost from inorganic growth). We assign an earnings multiple of 20x to FY09E EPS to arrive at a 12month target price of Rs 1014 implying 35% upside.
Tuesday, January 1, 2008
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