strong medium and long term buy - KPR MILLS

KPR Mill limited

BSE: 532889     NSE: KPRMILL   CMP:185.20

KPR MILLS is a 690 crore market capitalized stock from the sector of textile industries. its book value is Rs. 142.00. EPS for the trailing twelve months is 25.50. at the current PE ratio of 7.22 its looking very attractive. just 1.3 times higher of its book value at current market price. regularly paying dividend on good percent of the face value of 10.00.  this is one company that is going to have 40% push to its topline and this is into a space that we are quite bullish on quite some time textile.the company can easily clock an EPS of close to Rs 43 for next fiscal thus we feel that the stock will be a true multibagger. the stock can easily be bought with a target of Rs 500 from two year perspective because sometime during this phase the company would trade close to 10-12 time PE multiple. the promoters have been slowly acquiring the stock and they have been increasing their stake close to 74-75% so on a longer term call side given their confidence we feel the target is quite achievable in the longer term. in medium term the stock can touch 250.00 280.00 levels. fundamentally strong script, this one is a must buy for everyone.