Edelweiss Financial Services Ltd
EDELWEISS

179.10

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178.45

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Accumulate
Reco. Price
Rs 175.00
We recommend ACCUMULATE on the stock. This is on account of company’s prospective acquisitions in asset management segment and growth in housing finance business. This will be supported by improving capital efficiency and initiatives like affordable housing. The stock trades at ~2.8x FY17E P/BV. (Target: Rs.189)
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50 DMA (.)
146.21
100 DMA (.)
124.21
200 DMA (.)
114.61
Weekly Range (.)
168.25
183.20
Monthly Range (.)
135.65
186.00
52 Weeks Range (.)
56.10
186.00
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