Ortel Communications Ltd
ORTEL

107.30

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109.95

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Buy
Reco. Price
Rs 117.20
We recommend BUY on the stock based on increasing subscriber base. Cross-selling and new technology driven growth in high-margin data services segment is expected to boost earnings. The stock is currently trading at an FY18E P/E of 15.3x. (Target Price -Rs. 129.0)
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50 DMA (.)
122.12
100 DMA (.)
128.54
200 DMA (.)
143.55
Weekly Range (.)
105.00
112.50
Monthly Range (.)
105.00
119.00
52 Weeks Range (.)
105.00
195.00
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