Solar Industries India Ltd
SOLARINDS

730.80

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Day's Vol.(shares)

733.00

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Buy
Reco. Price
Rs 732.10
We recommend BUY on the stock considering revival of mining & infrastructure activities and defence procurement. Due to this, we expect company to clock ~19% CAGR over FY16-19E. Stock is trading at an attractive P/E of 32x FY17E. (Target – Rs.846)
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50 DMA (.)
702.32
100 DMA (.)
684.48
200 DMA (.)
662.74
Weekly Range (.)
720.00
747.80
Monthly Range (.)
693.10
747.80
52 Weeks Range (.)
567.06
783.50
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