Astral Poly Technik Ltd
ASTRAL

559.55

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558.00

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Buy
Reco. Price
Rs 565.40
We recommend BUY on the stock expecting robust PAT growth of ~54% YoY. The backward integration in raw material procurement and focus on adhesive business is expected to aid growth. The stock is trading at P/E of 44.9x on FY17E earnings. (Target Price-639.8 Rs.)
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50 DMA (.)
456.35
100 DMA (.)
427.56
200 DMA (.)
444.97
Weekly Range (.)
555.25
591.30
Monthly Range (.)
434.95
591.30
52 Weeks Range (.)
367.05
591.30
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