INEOS Styrolution India Ltd
INEOSSTYRO

601.80

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

600.05

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Accumulate
Reco. Price
Rs 597.00
We recommend an ACCUMULATE on the stock as we expect top-line to grow by 12% in FY17E. This is due to better business prospects driven by healthy industrial growth and launch of new products. The stock is trading at a P/E of 14.9x on FY17E earnings. (Target price - Rs.642)
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50 DMA (.)
604.10
100 DMA (.)
604.19
200 DMA (.)
604.33
Weekly Range (.)
571.30
610.00
Monthly Range (.)
571.30
664.00
52 Weeks Range (.)
475.00
679.00
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