0 LAOPALA share price target reports by brokerages below. See what is analyst's view on LAOPALA 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.
Employee benefit expenses remained flat at 15% of revenues, while other expenses increased to 14.6% of revenues vs.13.7% YoY. LORL is on the path to increase its total capacity by 71% to 36,000tpa by FY21E. All new capacity addition will be in the premium ‘Diva’ brand which should help improve margins. Economies of scale should also play their part. With the buoyant and favourable consumer sentiment, we expect LORL to increase its revenues and EBITDA at 13.2% and 14.2% CAGR, respectively, over FY18- FY21E. LORL’s stock price is already down 40% from its recent highs and offers a good entry point for medium-term/long-term investors. We retain our Buy rating on the stock with a target price of Rs299, up 46% from the CMP.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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