With a positive stance on the roofing business, we recommend Everest Industries for the fourth time as GEPLs pick of the week at the price of Rs 190 and target of Rs 300 over the next 12 months. The Company is one of the leading players in the field of fibre cement building products and has recently made headway into offering construction solutions with Pre Engineered Steel Buildings which is revolutionizing the construction market. The focus on rural infrastructure and development should also augur well for the company. Strong growth is expected with the widening of the product offerings of the company. Having a pan India presence with large distribution network and facilities backed by the strong clientele that it caters to, the prospects are bright for the company going forward. We thereby recommend a BUY on the stock.
Published by geplcapital
Offering a range of financial services across investment spectrum, GEPL is a boutique financial services and investment advisory firm. It covers products such as equities, mutual funds, bonds, currencies, derivatives, commodities, wealth management, insurance, real estate, loan against securities and Demat services. GEPL provides single point access to all platforms through its mobile app & web platform, sound fundamental and technical reports, anytime / anywhere trade access & easy support over phone. Established in 1997, GEPL is headquartered in Mumbai, spread across 9 states and services through 150 access points including 25 own branches. With clientele ranging from individual investors to enterprises to institutions, GEPL intuitively understands different financial requirements and offers customized investment solutions. GEPL is firmly rooted by its 3 Mantras: Servicing, Integrity and Teamwork - all of which work to the benefit of clients. Apart from these 3 pillars, GEPL has combined it’s traditional advisory with modern technology and cutting edge research to meet and surpass it’s clients expectation. View all posts by geplcapital