Parekh Aluminex: Trebling its capacity

The company is trebling its capacity at a cost of Rs240 cr, which will be completed in Apr 10 and thus growth potential is huge in coming years. Looking at the robust demand of these products, significant ramp up in capacities and strong fundamentals, investors are recommended to buy the stock at the CMP of Rs163 for a 3-4 month price target Rs225

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