KNR Constructions Ltd
KNRCON

177.00

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

175.85

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Buy
Reco. Price
Rs 180.00
We recommend BUY on the stock as we expect strong order book backed by track record of before-time completion of projects to boost revenues. Additionally, lower leverage provides for ample scope to bid for new projects. The stock is trading at attractive 14x P/E on FY18E earnings. (Target Price- Rs.213)
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50 DMA (.)
175.54
100 DMA (.)
163.20
200 DMA (.)
142.24
Weekly Range (.)
171.55
182.00
Monthly Range (.)
167.50
191.70
52 Weeks Range (.)
88.10
201.90
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