Liberty Shoes Ltd
LIBERTSHOE

166.15

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

166.15

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

View

Reduce
Reco. Price
Rs 172.00
We recommend REDUCE on account of higher raw material prices and employee expense resulting in lower profits. Also, challenging demand environment for premium priced foot ware leads to lower than industry revenue growth in FY17E. The stock is trading at P/E of 32.33x on FY17E earnings. (Target Price - Rs.160)
Detailed View
50 DMA (.)
169.00
100 DMA (.)
158.96
200 DMA (.)
168.89
Weekly Range (.)
165.30
174.85
Monthly Range (.)
160.00
174.85
52 Weeks Range (.)
128.55
209.40
Detailed Chart