Clariant Chemicals (India) Ltd
CLNINDIA

698.45

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

697.95

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Accumulate
Reco. Price
Rs 710.00
We recommend an ACCUMULATE as we expect inorganic growth in product portfolio to yield benefits in FY17E. Additionally, launch of new products is expected to aid volume growth. On standalone basis, we see limited upside at P/E of 30.3x on FY17E earnings. (Target Price - Rs.764)
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50 DMA (.)
713.19
100 DMA (.)
736.73
200 DMA (.)
721.03
Weekly Range (.)
699.00
717.90
Monthly Range (.)
699.00
752.70
52 Weeks Range (.)
585.00
840.00
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