Premium valuation for JKH is justified – IIFL Securities

Wednesday, 26 January 2011 00:01 -     - {{hitsCtrl.values.hits}}

Stock broker says JKH is ideal play on Sri Lanka’s economic revival; fixes Sum-of-The-Parts valuation-based target price of Rs. 335

IIFL Securities Ceylon has said that the premium valuation for John Keells Holdings (JKH) is justified and its recommends the stock as buy to investors. This assessment is carried in IIFL Securities’ initiation report on JKH which has been identified as “ideal play on Sri Lanka’s economic revival”.