Igarashi Motors India Ltd
IGARASHI

761.00

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760.50

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Reco. Price
Rs 752.60
We recommend ACCUMULATE on the stock on account of increase in demand for electric motors. Also company’s expansion plans into new platforms will trigger future growth. We target the stock to trade at a P/E of 31.16x in FY17E. (Target Price - Rs.825)
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50 DMA (.)
731.73
100 DMA (.)
744.65
200 DMA (.)
710.70
Weekly Range (.)
735.25
774.00
Monthly Range (.)
688.00
798.90
52 Weeks Range (.)
375.00
839.70
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