Meghmani Organics Ltd
MEGH

44.70

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

44.55

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Buy
Reco. Price
Rs 44.65

Last updated on 18-Jan-2017

We recommend a BUY on this stock as we expect top-line to grow by 15% in FY17E. This will be driven by buoyant demand, better revenue mix and increased capacity utilisation. Currently, stock is trading at 8.2x P/E of FY2017E EPS. (Target – Rs 51.6)
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50 DMA (.)
40.79
100 DMA (.)
42.74
200 DMA (.)
40.81
Weekly Range (.)
42.80
45.85
Monthly Range (.)
36.50
45.85
52 Weeks Range (.)
18.25
52.35
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