AXISCADES Engineering Technologies Ltd
AXISCADES

158.50

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158.70

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Accumulate
Reco. Price
Rs 161.00
We recommend ACCUMULATE on the stock as we expect top-line to grow by 13% in FY17E. This will be driven by building capabilities in defence and aerospace segment. The stock trades at attractive FY17E P/E of 12.9x (Target Price- Rs.172)
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50 DMA (.)
172.79
100 DMA (.)
176.68
200 DMA (.)
202.51
Weekly Range (.)
150.15
160.45
Monthly Range (.)
150.15
176.40
52 Weeks Range (.)
133.00
305.50
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