Ortel Communications Ltd
ORTEL

110.50

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112.70

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Buy
Reco. Price
Rs 115.50
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 14.5x. (Target Price -Rs.122.7)
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50 DMA (.)
113.70
100 DMA (.)
124.13
200 DMA (.)
137.48
Weekly Range (.)
109.00
116.40
Monthly Range (.)
107.30
130.85
52 Weeks Range (.)
105.00
195.00
Detailed Chart
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