Buy Sudal Industries For Target Of Rs 14.40: Abhishek Jain, StocksIdea.com

Sudal IndustriesStock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Sudal Industries Ltd stock to achieve a target that lies between Rs 12.10 to Rs14.40.

According to him, interested traders can buy the stock at current market price of Rs 10.15 with a stop loss at Rs 10.

Shares of the company, on Friday (May 08), closed at Rs 10.15, up 9.3%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 151.

Current EPS and P/E of the stock stood at 11.43 & 0.89 respectively. The share price has seen a 52-week high of Rs 27.25 and a low of Rs 7.68 on BSE.

An ISO 9001 Company, established in 1979 with a project to produce advanced Aluminium Extrusions for a broad variety of Industrial End Uses with an installed capacity of
8900 Tons annually, the company's plant situated at A-5, M. I. D. C., Ambad Industrial Area, Mumbai-Nashik Highway, Nasik that is simply accessible from all the major cities of the country.

Sudal's over 26 years of devoted service to the clients has permitted it to earn the faith as a dependable extruder of Quality Extrusions, timely supply at cheap price.

The Plant is well-equipped with inclusive sophisticated Aluminium Extrusion production facilities with Schloemann Siemag Extrusion Press of 1650 Tons of U. S. A and a 900 Tons Extrusion Press with all the other allied equipments.