Tag Archives: E-learning

Initiating Coverage – Navneet Publications India Ltd

navneet publications,NPIL

We initiate coverage on Navneet Publications (India) Limited (NPIL) with a BUY and a Price Objective of Rs. 79 representing a potential upside of ~34.4% over a period of 24 months. At the CMP of Rs. 59, the stock is trading at 12.2x and 10.0x its estimated earnings for FY14 & FY15 respectively. On the back of multiple growth drivers

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