Buy Samtex Fashions: Abhishek Jain, StocksIdea.com
Stock analyst Abhishek Jain of Stocksidea. com has maintained 'Buy' rating on Samtex Fashions Ltd stock to achieve a short-term target of Rs 25.
According to them, interested investors can buy the stock around Rs 12-14 with a stop loss at Rs 9.
Shares of the company, on Friday (May 08), closed at Rs 13.04, up 4.99%, on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 1,400.
The share price has seen a 52-week high of Rs 19.14 and a low of Rs 5.20 on BSE.
Don't miss the opportunity to reap good returns as the stock has been performing well.
Founded in 1993, Samtex Fashions Ltd makes, markets, and exports readymade garments.
The company provides jackets, shirts, skirts, blazers, suits, and trousers.
Moreover, Samtex also buys and sells rice, and edible and crude palm oil.
The company, which is based in Noida, distributes its products in India and the United States under the brands namely 272, SSA and Delight.