Astral Poly Technik Ltd
ASTRAL

393.00

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394.60

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Buy
Reco. Price
Rs 395.00

Last updated on 07-Dec-2016

We recommend a BUY on the stock expecting robust PAT growth of ~54% YoY. Backward integration in raw material procurement and focus on adhesive business to aid growth. Stock is trading at P/E of 31.4x on FY17E earnings. (Target Price – Rs.464)
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50 DMA (.)
422.17
100 DMA (.)
450.75
200 DMA (.)
435.95
Weekly Range (.)
392.10
407.15
Monthly Range (.)
386.00
440.00
52 Weeks Range (.)
333.05
527.85
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