Bhushan Steel Ltd
BHUSANSTL

72.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

72.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

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Accumulate
Reco. Price
Rs 65.30
We recommend ACCUMULATE on the stock as we see revenue growth and margin expansion leading to reduced losses. We also expect a viable solution to the company’s debt woes to allay solvency fears. The stock is trading at moderate upside on FY17E EV/EBITDA of 15.9x.(Target Price- Rs.70)
Detailed View
50 DMA (.)
59.80
100 DMA (.)
53.07
200 DMA (.)
47.63
Weekly Range (.)
71.25
77.80
Monthly Range (.)
55.50
82.00
52 Weeks Range (.)
34.50
82.00
Detailed Chart
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