Sadbhav Infrastructure Projects Ltd
SADBHIN

93.25

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Turnover (lac)
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93.00

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Accumulate
Reco. Price
Rs 95.90
We recommend an ACCUMULATE based on traction in new project wins from NHAI. This coupled with robust toll collection is expected to turn PAT positive by FY18E. Stock is currently trading at P/B of 3.15x on FY18E earnings. (Target Price – Rs.103.3)
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50 DMA (.)
97.47
100 DMA (.)
97.53
200 DMA (.)
99.00
Weekly Range (.)
92.00
96.85
Monthly Range (.)
91.85
107.00
52 Weeks Range (.)
75.15
121.00
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