Alphageo (India) Ltd
ALPHAGEO

952.35

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

956.25

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Reco. Price
Rs 869.55

Last updated on 21-Nov-2016

We recommend ACCUMULATE on the stock on account of revenue growth from recently received orders from ONGC. Also recovery in oil prices will bring more projects for the company in FY17E. We target stock to trade at a EV/Sales of 6.22x in FY17E. (Target Price: Rs.902)
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50 DMA (.)
993.79
100 DMA (.)
909.29
200 DMA (.)
748.58
Weekly Range (.)
882.00
1,015.00
Monthly Range (.)
821.60
1,022.00
52 Weeks Range (.)
380.00
1,147.00
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