Clariant Chemicals (India) Ltd
CLNINDIA

678.55

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680.00

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Accumulate
Reco. Price
Rs 699.80
We recommend 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, the stock is trading at P/E of 30x on FY17E earnings. (Target Price- Rs.753.3)
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50 DMA (.)
683.70
100 DMA (.)
698.98
200 DMA (.)
720.46
Weekly Range (.)
672.40
685.00
Monthly Range (.)
672.40
727.20
52 Weeks Range (.)
639.00
840.00
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