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Sunflame acquisition augurs well for V-Guard Industries, says Sharekhan; sees 23% upside on these positives

Sunflame acquisition augurs well for V-Guard Industries, says Sharekhan; sees 23% upside on these positives

Wed, Dec 21, 2022

V-Guard Industries Limited’s acquisition of leading kitchen appliances brand Sunflame Enterprises Private Ltd (SEPL) augurs well for the company. Brokerage firm Sharekhan sees a 23 per cent upside or Rs 60 per share gain. The stock was recommended at a price of Rs 261

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