DFM Foods Ltd
DFMFOODS

1,839.00

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1,830.00

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Reco. Price
Rs 1920.00
We recommend an ACCUMULATE on the stock due to capacity expansion by ~40% in its Greater Noida facility by FY17E. Company also plans to expand its footprint in South India. The stock is trading at a premium P/E of 60x on FY17E earnings. (Target Price - Rs.2100)
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50 DMA (.)
0.00
100 DMA (.)
0.00
200 DMA (.)
0.00
Weekly Range (.)
1,821.25
1,963.00
Monthly Range (.)
1,745.00
2,144.95
52 Weeks Range (.)
1,725.00
2,144.95
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