Mirza International Ltd
MIRZAINT

89.95

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

90.00

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Turnover (lac)
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Accumulate
Reco. Price
Rs 89.70
We recommend an ACCUMULATE on the stock as expansion in US and penetration in Middle East countries is expected to drive revenue. Additionally, strong distribution channels in domestic market will drive revenues by 10% over FY16-18E. Stock is currently trading at FY18E P/E of 8.7x (Target Price- Rs.97.7)
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50 DMA (.)
89.28
100 DMA (.)
88.40
200 DMA (.)
90.37
Weekly Range (.)
88.00
94.15
Monthly Range (.)
87.60
96.85
52 Weeks Range (.)
68.10
110.25
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