Fag Bearings India Ltd
FAGBEARING

3,900.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

3,922.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 3837.00
We recommend accumulate on account of volume growth. This will be backed by auto OEM and industry demand. The stock trades at ~30x CY16E P/E in line with peer average P/E multiple. (TGT:Rs 4200)
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50 DMA (.)
3,966.98
100 DMA (.)
4,071.36
200 DMA (.)
4,038.32
Weekly Range (.)
3,800.00
3,929.95
Monthly Range (.)
3,775.15
3,977.40
52 Weeks Range (.)
3,700.00
4,479.00
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