1 MAHLIFE share price target reports by brokerages below. See what is analyst's view on MAHLIFE 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.
We like MLD given its strong parentage, the management’s focus onimproving return ratios through strategic partnerships with IFC, HDFC Capital and a comfortable balance sheet. The Rs 1,000 crore worth ongoing projects, in addition to the Rs 1,400-1,500 crore could create enough headroom for the company to drive sales momentum ahead. Nonetheless, we would like to see meaningful improvement in the industrial cluster business before the sunset clause kicks in. Hence, we maintain our HOLD recommendation with a target price of Rs 380/share.
We like MLD given its strong parentage, management’s focus on improving return ratios through strategic partnerships with IFC, HDFC Capital and a comfortable balance sheet. Besides this, the company is also looking to expand its residential project portfolio. While the management commentary is encouraging on ramping up its residential portfolio, we would like to see more improvement in the industrial cluster business. Hence, we maintain our HOLD recommendation with a target price of Rs 410/share.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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