Monte Carlo Fashions Ltd
MONTECARLO

383.10

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

383.75

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 382.00
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 10.7x on FY18E. (Target Price- Rs 419)
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50 DMA (.)
396.92
100 DMA (.)
408.14
200 DMA (.)
423.94
Weekly Range (.)
378.00
404.00
Monthly Range (.)
378.00
404.00
52 Weeks Range (.)
337.05
510.00
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