Esab India Ltd
ESABINDIA

639.90

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Turnover (lac)
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Day's Vol.(shares)

635.00

Open ()
Turnover (lac)
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Buy
Reco. Price
Rs 625.00
We recommend BUY on the stock based on demand recovery from key industries and new product launches. Increased focus towards higher margin consumables is further expected to improve earnings. The stock is trading at a P/E of 19x on FY18E earnings estimates. (Target Price - Rs.694.8)
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50 DMA (.)
598.68
100 DMA (.)
585.74
200 DMA (.)
587.84
Weekly Range (.)
620.50
664.80
Monthly Range (.)
570.30
664.80
52 Weeks Range (.)
525.25
688.00
Detailed Chart
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