Advanced Enzyme Technologies Ltd
ADVENZYMES

2,064.80

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2,059.35

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Buy
Reco. Price
Rs 2117.00
We recommend BUY on the stock considering its leadership position in niche nutraceutical business and high entry barriers. Additionally, acquisition of JC Biotech will facilitate its entry into biopharma molecules. The stock is currently trading at 31.2x P/E FY18E EPS. (Target Price - Rs 2360)
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50 DMA (.)
1,907.75
100 DMA (.)
1,912.34
200 DMA (.)
0.00
Weekly Range (.)
2,055.05
2,224.90
Monthly Range (.)
2,026.00
2,224.90
52 Weeks Range (.)
1,168.00
2,375.50
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