IFB Industries Ltd
IFBIND

598.50

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

595.00

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

View

Accumulate
Reco. Price
Rs 594.00
We recommend ACCUMULATE as we expect revenue spurt because of expansion in distribution network. Further, the expected rise in export of front-load washing machines and sale of ACs will aid revenue growth. The stock is trading at 30.6x P/E of FY18E earnings. (Target price - Rs.645)
Detailed View
50 DMA (.)
567.80
100 DMA (.)
506.21
200 DMA (.)
451.18
Weekly Range (.)
592.15
613.00
Monthly Range (.)
590.00
627.00
52 Weeks Range (.)
303.00
660.00
Detailed Chart