Monte Carlo Fashions Ltd
MONTECARLO

408.20

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

409.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 401.00
We recommend ACCUMULATE as we expect focus on cotton segment will improve product mix and aid top-line growth. Additionally, expansion in south and west India will provide it pan-India presence. The stock is trading at P/E of 12x on FY18E. (Target Price- Rs 441)
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50 DMA (.)
394.83
100 DMA (.)
400.64
200 DMA (.)
423.77
Weekly Range (.)
390.35
418.00
Monthly Range (.)
379.00
427.00
52 Weeks Range (.)
361.90
510.00
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