Rajratan Global Wire Ltd
RAJ GLO WIR

687.40

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Accumulate
Reco. Price
Rs 665.60

Last updated on 05-Dec-2016

We recommend an ACCUMULATE on the stock considering boom in automobile industry. Additionally, merger with 100% subsidiary will boost profitability. Stock is trading at EV/EBITDA at 5.5x in FY17E. (Target Price- Rs.700)
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50 DMA (.)
613.61
100 DMA (.)
515.15
200 DMA (.)
372.35
Weekly Range (.)
660.00
705.00
Monthly Range (.)
552.10
777.00
52 Weeks Range (.)
153.00
875.00
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