Munjal Showa - 3QFY13 Results - Nirmal Bang

- The company reported improved results

- Net sales increased 4.4% QoQ

- EBITDA witnessed growth of 14.8% QoQ and 2.2% YoY

- The stock is trading at trailing P/E of 4.2x which is attractive

- We continue to maintain our positive outlook on the stock

Source : Equity Bulls

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