Aarti Industries Ltd
AARTIIND

797.55

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795.80

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Buy
Reco. Price
Rs 786.60
We recommend BUY on the stock considering favourable shift in product mix towards high margin downstream products. Additionally, the company will benefit from global speciality chemicals companies sourcing intermediaries from low cost players like Aarti. The stock is trading at P/E of ~22.5x on FY17E earnings. (Target Price - Rs.867)
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50 DMA (.)
719.62
100 DMA (.)
713.03
200 DMA (.)
630.67
Weekly Range (.)
770.95
802.95
Monthly Range (.)
673.15
817.60
52 Weeks Range (.)
418.20
817.60
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