Apar Industries Ltd
APARINDS

797.95

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

800.00

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Accumulate
Reco. Price
Rs 783.90
We recommend ACCUMULATE on the stock based on the growth in power sector and capacity addition in conductor business. The company’s earnings are expected to improve with revenue mix shift towards higher margin products. The stock is currently trading at a P/E of 20.2x on FY17E earnings estimates. (Target Price- Rs.833.4)
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50 DMA (.)
748.63
100 DMA (.)
681.20
200 DMA (.)
621.12
Weekly Range (.)
756.55
790.50
Monthly Range (.)
698.00
812.65
52 Weeks Range (.)
466.05
883.30
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