Kamdhenu Ltd
KAMDHENU

92.80

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

93.05

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Turnover (lac)
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Accumulate
Reco. Price
Rs 96.30
We recommend ACCUMULATE on the stock based on recovery in the steel business. The paints segment is also expected to continue its growth trajectory driven by marketing push and capacity addition. However, The stock is trading at 18.1x FY18E P/E which is at the higher end of its five-year range. (Target Price- Rs.104)
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50 DMA (.)
91.02
100 DMA (.)
86.64
200 DMA (.)
75.77
Weekly Range (.)
92.30
101.50
Monthly Range (.)
86.25
103.00
52 Weeks Range (.)
49.00
104.15
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