ABG Shipyard (ABGSHI) - ICICI Direct
ABG Shipyard (ABGSHI) - ICICI Direct
ABG Shipyard (ABGSHI) - ICICI Direct
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Company Description<br />
<strong>ABG</strong> <strong>Shipyard</strong> Limited is a private sector ship building company with<br />
facilities to build and repair a variety of marine ships. The company<br />
manufactures bulk carriers, deck barges, interceptor boats and offshore<br />
vessels. The company serves commercial and government customers.<br />
Exhibit 15: Recommendation History<br />
500<br />
450<br />
400<br />
350<br />
300<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Mar-12<br />
Apr-12<br />
May-12<br />
Jul-12<br />
Aug-12<br />
Oct-12<br />
Nov-12<br />
Jan-13<br />
Feb-13<br />
Price<br />
Target Price<br />
Source: Company, <strong>ICICI</strong>direct.com Research<br />
Exhibit 16: Recent Releases<br />
Date Event CMP Target Price Rating<br />
6-Jan-12 Q3FY12 Result preview 392 373 HOLD<br />
21-Feb-12 Q3FY12 Result Update 434 427 HOLD<br />
7-Jun-12 Q4FY12 Result update 377 432 BUY<br />
21-Aug-12 Q1FY13 Result Update 360 375 HOLD<br />
12-Nov-12 Q2FY13 Result Update 393 372 HOLD<br />
8-Jan-13 Q3FY13 Result Preview 410 372<br />
Source: Company, <strong>ICICI</strong>direct.com Research<br />
HOLD<br />
<strong>ICICI</strong> Securities Ltd | Retail Equity Research Page 7
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