D B Corp Ltd
DBCORP

379.25

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380.85

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Buy
Reco. Price
Rs 383.30
We recommend BUY on the stock as we expect revenue to grow at CAGR of 8% over FY16-FY18E. Higher print ad spending, launch of editions in new cities and launch of radio frequencies will drive revenue growth. The stock is trading at reasonable P/E of 15.54x in FY18E. (Target Price- Rs.429)
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50 DMA (.)
380.54
100 DMA (.)
371.40
200 DMA (.)
382.61
Weekly Range (.)
372.60
387.00
Monthly Range (.)
365.15
395.50
52 Weeks Range (.)
310.25
447.70
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