Future Retail Ltd
FRETAIL

239.25

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

238.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 245.00
We recommend an ACCUMULATE as we expect recent acquisitions will consolidate company's position across India. Additionally, recently acquired 124 stores of Heritage foods will aid revenue growth. The stock is currently trading at FY17E P/E of 37.5x. (Target Price- Rs.263) 
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50 DMA (.)
171.83
100 DMA (.)
157.48
200 DMA (.)
0.00
Weekly Range (.)
230.00
261.80
Monthly Range (.)
164.55
261.80
52 Weeks Range (.)
115.45
261.80
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