Broker’s Call: Ellenbarrie Industrial Gases (Buy)
JM FinancialTarget: ₹430CMP: ₹368Ellenbarrie Industrial Gases (EIGL) announced that it has secured a ₹480-crore EPC contract from BHEL for supply and erection of 1,200 tonne per day (tpd) ASUs for the latter’s proposed 2,000-tpd coal-to-ammonium nitrate project at Jharsuguda (Odisha), which will be…