MIRZA International -Multibagger Trgt 45 Rs 3 yrs Time Frame LONG TERM

MIRZA International -Multibagger Trgt 45 Rs 3 yrs Time Frame LONG TERM

• MIRZA international started in 1979 the company produces leather shoes,footwears and accessories.
• Some of the Popular brand from this company are Red Tape,Oaktrak, which are widely recoginized all over the world.
• They primarily export to UK,South Africa,Middle East which add 80 % of revenue.
• Company has a design Studio in London which help produce topclass design for international market.
• They have 3 manufacturing plants in at Magarwara and Sahjani in Unnao, and in Noida.The tanneries are located at Magarwara in Unnao.
• They are ISO 9001, 9002 and 14000 certified company making them on international platform very competitive.
• With 20% growth and good EPS and rumors that there is take going with Bata to sell stake in the company,once it realizes the company stocks will Zoom
• We recomend at 25 Rs with Minimum Trgt of 45 Rs in 3 yr timeframe.