Networth Stock Broking: 'Buy' Precot MeridianOur Web Bureau / Mumbai June 21, 2006Networth Stock Broking recommends Precot Meridian (PML) with a price target of Rs 414 over next 12 months.The stock trades at 6.89x and 4.6x FY07E and FY08E earnings. A Coimbatore based integrated textile player, PML, is adding up its capacities by merging one of its unlisted group company
