GMR Infrastructure Ltd
GMRINFRA

12.00

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

12.01

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

12.05

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 11.80

Last updated on 02-Dec-2016

We recommend an ACCUMULATE on the stock considering commencement of power projects to boost top line. Also, its debt reduction strategy is expected reduce losses over FY16-18E. Stock is currently trading at 9.5x EV/EBITDA of FY18E earnings. (Target Price - Rs.12.5)
Detailed View
50 DMA (.)
12.55
100 DMA (.)
13.19
200 DMA (.)
12.53
Weekly Range (.)
11.45
12.15
Monthly Range (.)
10.20
12.75
52 Weeks Range (.)
9.75
18.35
Detailed Chart