Minda Corporation Ltd
MINDACORP

94.10

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94.25

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Buy
Reco. Price
Rs 92.00
We recommend BUY on account of revenue growth on the back of new product launches. Also company is focusing on margin improvement in FY17E. We target stock to trade at a P/E of 35.01x in FY17E. (Target Price - Rs.105)
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50 DMA (.)
92.89
100 DMA (.)
93.57
200 DMA (.)
104.06
Weekly Range (.)
90.50
96.20
Monthly Range (.)
90.50
97.30
52 Weeks Range (.)
85.00
143.30
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