MOIL Ltd
MOIL

365.80

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365.15

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Buy
Reco. Price
Rs 380.20

Last updated on 02-Dec-2016

We recommend BUY on the stock as steel industry recovery is expected to revive demand. The resultant increased profitability and financial strength gives a favourable outlook. The stock is currently trading at a P/E of 27.3x on FY17E earnings estimates. (Target Price - Rs.449.1)
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50 DMA (.)
303.67
100 DMA (.)
276.00
200 DMA (.)
249.09
Weekly Range (.)
346.45
394.00
Monthly Range (.)
287.65
394.00
52 Weeks Range (.)
179.50
394.00
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