Salzer Electronics Ltd
SALZERELEC

172.30

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171.85

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Reco. Price
Rs 172.00
We recommend accumulate on the stock on account of strong revenue visibility. This will be supported by strong pickup in switchgear business and better product mix. Further, the strong client base like L&T augurs well for the company. The stock is trading at a PE of 11x in FY17E (Target Price- Rs.191)
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50 DMA (.)
188.17
100 DMA (.)
186.61
200 DMA (.)
204.20
Weekly Range (.)
168.20
174.45
Monthly Range (.)
168.20
193.15
52 Weeks Range (.)
166.25
267.00
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