Astral Poly Technik Ltd
ASTRAL

440.00

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433.00

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Reco. Price
Rs 437.50

Last updated on 28-Sep-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 33.5x on FY17E earnings. (Target Price – Rs.503)
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50 DMA (.)
475.30
100 DMA (.)
463.07
200 DMA (.)
435.37
Weekly Range (.)
415.00
453.95
Monthly Range (.)
415.00
485.00
52 Weeks Range (.)
333.05
527.85
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