Phillips Carbon Black Ltd
PHILIPCARB

291.00

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291.05

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Accumulate
Reco. Price
Rs 296.80
We recommend an ACCUMULATE based on revenue growth led by higher domestic demand from tyre industry. Higher revenues and lower raw material costs are expected to result in improved earnings. The stock is currently trading at P/E of 7.7x on FY17E numbers. (Target Price - Rs.320.8)
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50 DMA (.)
251.91
100 DMA (.)
247.55
200 DMA (.)
215.19
Weekly Range (.)
274.75
310.00
Monthly Range (.)
253.60
310.00
52 Weeks Range (.)
80.00
310.00
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