We had initiated coverage on Arvind Ltd on 9 th Jan.2020 with a buy rating. Based on last recommendation at a CMP of Rs. 33 we had a target price of 56.
With the recent run up in the share price, we have achieved the target price of Rs.56 generating returns of ~69%. We advise investors to book profits in Arvind Ltd. & change our rating to NEUTRAL and close the call on the company
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.sushilfinance.com/Disclamier/disclaimer
Member : BSE/ NSE/ MSEI. SEBI Registration No.-INZ000165135.
Above views are of the author and not of the website kindly read disclaimer