Mangalam Cement Ltd
MANGLMCEM

300.50

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

300.70

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Accumulate
Reco. Price
Rs 293.00
We recommend an ACCUMULATE on the stock based on capacity addition led volume growth and margin expansion. This is expected to return the company’s bottom-line to positive territory after a poor showing last fiscal. The stock currently offers limited upside on FY17E valuations of 35.5x P/E and $58 EV/ton. (Target Price - Rs.307.4)
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50 DMA (.)
273.78
100 DMA (.)
290.03
200 DMA (.)
297.34
Weekly Range (.)
276.90
303.50
Monthly Range (.)
263.20
303.50
52 Weeks Range (.)
152.00
376.00
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