Ashoka Buildcon Ltd
ASHOKA

196.75

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198.05

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Buy
Reco. Price
Rs 207.00
We recommend BUY on the stock due to expected robust growth in EPC segment. Additionally, company's book/bill ratio of 2.1x on FY16 sales is expected to drive revenues over FY16-18E. The stock is currently trading at 29.5x P/E of FY18E. (Target Price - Rs.230)
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50 DMA (.)
193.22
100 DMA (.)
179.05
200 DMA (.)
169.71
Weekly Range (.)
196.10
208.80
Monthly Range (.)
188.65
230.90
52 Weeks Range (.)
126.10
230.90
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