0 KHADIM share price target reports by brokerages below. See what is analyst's view on KHADIM share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
In addition, increase in SSSG to 5-7% and acceleration in distribution business to +20% is likely to increase operating leverage for the company. In the long run Khadim’s sales growth would remain strong vs peers, mainly due to lower penetration, increasing reach, better economic offerings and ongoing store additions. However, in the ensuing quarters, the company would have to battle against a very strong base and increased competition. Valuing Khadim at 23x FY21E EPS (50% discount to BATA) to arrive at a TP of Rs 692. Maintain Buy.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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