Dolat Capital is bullish on SRF has recommended buy rating on the stock with a target price of Rs 4306 in its research report dated July 27, 2020.
Dolat Capital's research report on SRF
SRF Ltd’s annual report vividly speaks of creating value for its shareholders by the virtue of the company’s investments in its growth engines and R&D. SRF’s strategic initiatives in terms of investments and minor restructurings within the company have borne fruits in FY20.
Outlook
We like SRF’s moat in fluorination and ability to scale up its growth engines. We value SRF on a SOTP basis, and maintain our rating to Buy with a target price of Rs 4,306/share.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More