Eveready Industries India Ltd
EVEREADY

307.45

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310.00

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Buy
Reco. Price
Rs 301.75
We recommend BUY on the stock with expected volume growth amid foray into home appliances business. Additionally, business shift from CFL to LED would boost topline marginally. The stock is trading at P/E of 16.8x on FY19E earnings. (Target Price – Rs.340)
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50 DMA (.)
261.47
100 DMA (.)
244.50
200 DMA (.)
250.78
Weekly Range (.)
300.00
315.00
Monthly Range (.)
243.25
315.00
52 Weeks Range (.)
199.55
315.00
Detailed Chart
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