Reliance Defence & Engineering Ltd
RDEL

65.15

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

65.10

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

65.25

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 69.00
We recommend ACCUMULATE on the stock as considering huge contracts for supply of vessels repair agreements with US Navy. Thereby traction in defence orders and resumption of stalled projects is expected to boost top-line growth. Stock is trading at rich valuation of EV/EBITDA of 25x in FY18E. (Target Price- Rs.81)
Detailed View
50 DMA (.)
62.54
100 DMA (.)
59.31
200 DMA (.)
60.13
Weekly Range (.)
64.10
67.55
Monthly Range (.)
61.50
69.90
52 Weeks Range (.)
48.30
73.00
Detailed Chart
welcome to iifl