Adlabs Entertainment Ltd
ADLABS

86.90

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Turnover (lac)
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Day's Vol.(shares)

87.40

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Turnover (lac)
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Reduce
Reco. Price
Rs 83.80
We recommend REDUCE on the stock as we expect losses to be continue in FY18E. Further, decline in hotel occupancy and high interest is expected to act as drag on earnings. The stock is trading at EV/EBITDA of 9.58x on FY18E numbers. (Target Price - Rs.78.5)
Detailed View
50 DMA (.)
82.06
100 DMA (.)
79.20
200 DMA (.)
84.23
Weekly Range (.)
82.50
86.70
Monthly Range (.)
78.25
88.00
52 Weeks Range (.)
68.90
117.45
Detailed Chart
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