Aegis Shares: Multibagger in the making: Nomura says this logistics stock could double in 12 months!

[ad_1] New Delhi: nomura India says it can double from here. March quarter kitchen gas Volumes have improved materially for this logistics firm, with the foreign brokerage saying in its latest note that the commissioning of the 4 million tonne per annum Kandla LPG terminal will lead to volume growth in FY13. The brokerage has maintained ‘buy’ on the stock with a target of Rs 425, which suggests a 100 per cent potential upside. The stock had closed at Rs 213.35 on Wednesday. Aegis is a play on liquids and…