Ajanta Pharma Ltd
AJANTPHARM

1,774.90

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

1,787.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,786.00

Open ()
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VWAP ()
Day's Vol
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Accumulate
Reco. Price
Rs 1795.15
We recommend ACCUMULATE on the stock on account of expected increase in exports and new product launches. Also new ANDA approvals will be a trigger for the future growth. We target stock to trade at a P/E of 28.35x in FY17E. (Target Price: Rs.1855)
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50 DMA (.)
1,756.04
100 DMA (.)
1,785.14
200 DMA (.)
1,801.77
Weekly Range (.)
1,751.00
1,852.70
Monthly Range (.)
1,700.10
1,852.95
52 Weeks Range (.)
1,310.00
2,125.00
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