MT Educare Ltd
MTEDUCARE

78.35

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78.55

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Reco. Price
Rs 80.10
We recommend ACCUMULATE on the stock based on launch of Robomate+ App which is expected to drive revenues. Additionally, company’s penetration in North India and Karnataka through coaching tie-ups will further aid revenue. After recent correction, the stock is trading at a P/E of 8.08x FY18E. (Target price - Rs.86.5)
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50 DMA (.)
91.85
100 DMA (.)
106.63
200 DMA (.)
123.08
Weekly Range (.)
77.40
82.55
Monthly Range (.)
77.10
87.90
52 Weeks Range (.)
77.10
199.90
Detailed Chart
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