Akzo Nobel India Ltd
AKZOINDIA

1,402.45

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1,400.00

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Reco. Price
Rs 1408.00
We recommend an ACCUMULATE on the stock as new product launches in coatings to boost revenues. Further, stimulation in metal & mining, oil & gas, and agricultural industrial activity to aid coating revenue growth. Stock is currently trading at 27.4x P/E of FY18E earnings. (Target Price -Rs.1541)
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50 DMA (.)
1,412.11
100 DMA (.)
1,533.29
200 DMA (.)
1,511.63
Weekly Range (.)
1,328.25
1,425.00
Monthly Range (.)
1,328.25
1,450.00
52 Weeks Range (.)
1,205.00
1,745.00
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