Akzo Nobel India Ltd
AKZOINDIA

2,024.80

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2,046.00

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Reco. Price
Rs 1884.35
We recommend ACCUMULATE on the stock as government’s push to affordable housing will drive revenue. Further, stimulation in metal and mining, oil and gas, and agricultural industrial activity will aid revenue growth from coatings. The stock is trading at attractive valuation of 23.36x P/E of FY19E earnings. (Target Price- Rs.2020)
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50 DMA (.)
1,675.28
100 DMA (.)
1,543.85
200 DMA (.)
1,577.48
Weekly Range (.)
1,851.10
1,998.00
Monthly Range (.)
1,530.80
1,998.00
52 Weeks Range (.)
1,302.00
1,998.00
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