Banswara Syntex Ltd
BANSWRAS

224.45

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223.00

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Accumulate
Reco. Price
Rs 170.00
We recommend ACCUMULATE on the stock as we expect growth in the garment segment to drive top-line. Also, we expect addition of retail breadth to provide further vertical integration and economies of scale. The stock is trading at P/E of 9x on FY18E EPS. (Target Price- Rs.186)
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50 DMA (.)
162.79
100 DMA (.)
155.05
200 DMA (.)
158.19
Weekly Range (.)
197.20
233.00
Monthly Range (.)
159.00
233.00
52 Weeks Range (.)
101.05
233.00
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