MEP Infrastructure Developers Ltd
MEP

41.20

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

41.15

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Turnover (lac)
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Accumulate
Reco. Price
Rs 39.90
We recommend an ACCUMULATE as we expect new HAM orders will add new revenue line. Additionally, new TOT model provides huge opportunity to augment revenues. Stock is currently trading at 5.5x P/E on FY18E earnings. (Target Price – Rs. 43)
Detailed View
50 DMA (.)
39.58
100 DMA (.)
39.46
200 DMA (.)
40.64
Weekly Range (.)
38.50
43.50
Monthly Range (.)
38.35
43.50
52 Weeks Range (.)
33.30
50.20
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