DFM Foods Ltd
DFMFOODS

1,620.00

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

1,636.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 1712.00
We recommend ACCUMULATE on the stock due to capacity expansion by ~25% in its Greater Noida facility by FY17E. This will also help the company to cater to the demand from South Indian markets. The stock is trading at FY18E P/E of 53.2x. (Target Price - Rs.1871)
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50 DMA (.)
1,754.71
100 DMA (.)
0.00
200 DMA (.)
0.00
Weekly Range (.)
1,600.00
1,661.00
Monthly Range (.)
1,525.10
1,754.00
52 Weeks Range (.)
1,525.10
2,144.95
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