Solar Industries India Ltd
SOLARINDS

660.00

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658.10

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Buy
Reco. Price
Rs 655.30

Last updated on 07-Dec-2016

We recommend a 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 29x FY17E. (Target – Rs.728)
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50 DMA (.)
665.13
100 DMA (.)
653.98
200 DMA (.)
653.03
Weekly Range (.)
647.00
669.00
Monthly Range (.)
630.00
703.30
52 Weeks Range (.)
567.06
759.45
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