Excel Crop Care Ltd
EXCELCROP

1,750.00

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

1,755.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 1802.00
We recommend an ACCUMULATE on the stock as we expect traction in demand from rural economy due to normal monsoons. Moreover, current low per hectare consumption of Crop Protection Chemicals (CPC) will aid top line growth. However, we see limited upside at P/E of 28x on FY17E earnings. (Target Price - Rs.1865)
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50 DMA (.)
1,762.62
100 DMA (.)
1,763.92
200 DMA (.)
1,548.48
Weekly Range (.)
1,682.25
1,810.00
Monthly Range (.)
1,682.25
1,838.90
52 Weeks Range (.)
1,090.10
2,000.00
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