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Monday, January 21, 2008

Provogue India-Multibaggers

Provogue (India) : Reco Price Rs. 1348.05 CMP: Rs.1348.05 (Gain 0.00%)

Provogue India is an upcoming fashion retailer of branded apparel and fashion accessories and an emerging retail-cum-real estate play in India. Considering the growth in sector (its core business) and huge potential upside arising from unlocking of value in Prozone, recommends as Outperformer on the stock with a target of doubling form the Current market price to Rs 2700 within a year.

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