Kolte Patil Developers Ltd
KOLTEPATIL

101.75

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

101.35

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 103.10
We recommend ACCUMULATE considering revenue growth of 18% in FY17E. This will be aided by new launches and better demand due to property price correction. Additionally, we expect debt reduction will lead to reduced interest cost and will drive PAT growth. Stock is currently trading at 8.1x P/E of FY18E earnings. (Target Price: Rs 111.2)
Detailed View
50 DMA (.)
94.22
100 DMA (.)
103.46
200 DMA (.)
115.83
Weekly Range (.)
99.75
104.95
Monthly Range (.)
85.05
113.00
52 Weeks Range (.)
78.40
151.30
Detailed Chart