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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
We re-affirm Mirza International a BUY. We have earlier recommended at CMP of INR17
with a Target price of INR26 which had been achieved. However due to correction in the
stock price from INR28 to INR19, there exist an opportunity to enter into the stock. Mirza
International Limited has emerged as a frontrunner in the manufacturing and marketing of
leather and leather footwear. None the less, it has also bettered upon the projections set by
us in our earlier report. Its brand ‘RED TAPE’ has a strong footing in the footwear market.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
We re-affirm Mirza International a BUY. We have earlier recommended at CMP of INR17
with a Target price of INR26 which had been achieved. However due to correction in the
stock price from INR28 to INR19, there exist an opportunity to enter into the stock. Mirza
International Limited has emerged as a frontrunner in the manufacturing and marketing of
leather and leather footwear. None the less, it has also bettered upon the projections set by
us in our earlier report. Its brand ‘RED TAPE’ has a strong footing in the footwear market.
