Alphageo (India) Ltd
ALPHAGEO

902.30

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

903.75

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Turnover (lac)
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Reco. Price
Rs 923.00
We recommend ACCUMULATE on the stock on account of revenue growth emanating from huge orders from ONGC. Also, recovery in oil prices is expected to bring more projects for the company in FY18E. The stock is currently trading at FY18E EV/Sales of 6.3x. (Target Price- Rs.958)
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50 DMA (.)
924.53
100 DMA (.)
933.25
200 DMA (.)
905.44
Weekly Range (.)
886.05
913.65
Monthly Range (.)
886.05
998.90
52 Weeks Range (.)
472.60
1,147.00
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