Sasken Technologies Ltd
SASKEN

424.50

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425.30

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Reco. Price
Rs 414.00
We recommend ACCUMULATE on the stock on account of addition of new clients and higher margin services in FY17E. Also company’s focus on next generation wireless technology will trigger its future growth. We target stock to trade at a adj P/E of 15.6x in FY17E. (Target Price: Rs. 451)
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50 DMA (.)
397.87
100 DMA (.)
398.85
200 DMA (.)
383.89
Weekly Range (.)
386.00
463.50
Monthly Range (.)
376.60
463.50
52 Weeks Range (.)
301.00
463.50
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