Recommendation: Buy
CMP = Rs 234 (as of Thursday)
Price Target = Rs 338
Key Points:
· Bartronics India (BIL), one of the first Automatic Identification and Data Capture (AIDC) solutions company, is leveraging its existing client base and expertise to move up the value chain and emerge as the largest end-to-end AIDC solutions provider in the country.
· It is investing more than Rs 270 crore into a new 80-million smart cards manufacturing facility that would make it one of the biggest players in
· I recommend a price target of Rs 338 with a 6 months target.