IFB Industries Ltd
IFBIND

630.90

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

633.50

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

View

Accumulate
Reco. Price
Rs 626.10
We recommend an ACCUMULATE as we believe revenue spurt by ~17% over FY16-18E. This will be led by GST implementation, market share gains and diversification in new product lines. It is currently trading at 32.2x P/E of FY18E earnings. (Target price - Rs.677.8)
Detailed View
50 DMA (.)
497.56
100 DMA (.)
475.80
200 DMA (.)
424.00
Weekly Range (.)
540.00
652.00
Monthly Range (.)
475.05
652.00
52 Weeks Range (.)
280.10
652.00
Detailed Chart