Bajaj Electricals Ltd
BAJAJELEC

215.90

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215.35

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Reco. Price
Rs 223.00

Last updated on 01-Dec-2016

We recommend accumulate on the stock on account of strong revenue visibility. This will be led by improved performance in lighting and engineering & projects (E&P) business. Further, capex outlook in power transmission and distribution business is a positive trigger. The stock is trading at a PE of 15x in FY17E. (Target Price-Rs 243)
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50 DMA (.)
247.33
100 DMA (.)
252.47
200 DMA (.)
231.36
Weekly Range (.)
210.00
226.50
Monthly Range (.)
202.00
264.00
52 Weeks Range (.)
155.00
282.00
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