1 MAITHANALL share price target reports by brokerages below. See what is analyst's view on MAITHANALL 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.
Maithan is well placed to capitalize the ongoing upturn in the steel industry through its high value addition, with a complete basket of ferro alloys product, strong relationship with the customers and financial flexibility. At the CMP of Rs. 441.20, the stock trades at less than 4 times FY20 EPS of Rs. 114. Hence, we recommend Accumulating the stock with a Target Price of Rs. 570, appreciation of ~29% from the current level with the medium to long term investment horizon.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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