OCL India Ltd
OCL

894.15

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

892.45

Open ()
Turnover (lac)
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Buy
Reco. Price
Rs 903.00
We recommend a BUY based on robust demand from infrastructure sector and capacity expansion led volume growth. Traction in premium product and improvement in realizations is also seen benefiting the company. It is trading attractive at an FY18E P/E of 12.8x and EV/ton of $ 74. (Target Price – Rs. 1,027)
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50 DMA (.)
822.28
100 DMA (.)
837.24
200 DMA (.)
763.92
Weekly Range (.)
896.00
936.40
Monthly Range (.)
826.00
1,031.40
52 Weeks Range (.)
386.00
1,031.40
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