Bombay Rayon Fashions Ltd
BRFL

141.85

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Turnover (lac)
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Day's Vol.(shares)

142.40

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Accumulate
Reco. Price
Rs 139.60

Last updated on 21-Nov-2016

We recommend ACCUMULATE on the stock as we expect revenue to grow by 12% in FY17E. This will be driven by buoyant demand and reduction in custom duty. The stock is trading at a P/E of 29.9x on FY17E earnings. (Target Price-Rs.147)
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50 DMA (.)
153.25
100 DMA (.)
162.97
200 DMA (.)
153.19
Weekly Range (.)
135.20
155.80
Monthly Range (.)
125.60
161.95
52 Weeks Range (.)
125.60
196.40
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