Snowman Logistics Ltd
SNOWMAN

57.35

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Day's Vol.(shares)

57.25

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Buy
Reco. Price
Rs 57.60
We recommend BUY as we expect EBITDA margin to expand by ~300bps in FY17E. This will be driven by exit from food service business and expansion in temperature control service. The stock is trading at premium valuation of 2017E P/E of 60.6x. (Target Price - Rs.66.3)
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50 DMA (.)
55.87
100 DMA (.)
57.30
200 DMA (.)
64.48
Weekly Range (.)
55.95
59.35
Monthly Range (.)
55.85
62.30
52 Weeks Range (.)
46.00
93.95
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