KNR Constructions Ltd
KNRCON

200.20

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201.25

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Buy
Reco. Price
Rs 200.00
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 15.6x P/E on FY18E earnings. (Target Price- Rs.234)
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50 DMA (.)
186.06
100 DMA (.)
179.30
200 DMA (.)
158.73
Weekly Range (.)
185.35
202.95
Monthly Range (.)
179.00
211.00
52 Weeks Range (.)
100.61
211.00
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