Gayatri Projects Ltd
GAYAPROJ

644.00

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

640.95

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Turnover (lac)
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Buy
Reco. Price
Rs 660.00

Last updated on 04-Jan-2017

We recommend BUY on the stock as we expect strong revenue growth with ramp up in order execution. Further, deleveraging of balance sheet led to better financial stability. However, stock is currently trading at high P/E of 31x on FY17E earnings. (Target Price: Rs.733)
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50 DMA (.)
632.10
100 DMA (.)
650.56
200 DMA (.)
626.36
Weekly Range (.)
637.00
664.00
Monthly Range (.)
601.15
704.00
52 Weeks Range (.)
490.20
730.00
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