Strides Shasun Ltd
STAR

1,072.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,072.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,078.50

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Accumulate
Reco. Price
Rs 1094.00
We recommend ACCUMULATE as Shashun’s merger & Aspen’s acquisition are expected to be positive trigger’s for STAR’s topline growth. Also, High margin product launches in US in FY17E and vertical integration will drive overall business growth. The stock is trading at 34.2x on FY18E earnings. (Target Price – Rs.1,185)
Detailed View
50 DMA (.)
1,134.37
100 DMA (.)
1,121.09
200 DMA (.)
1,087.48
Weekly Range (.)
1,055.65
1,134.00
Monthly Range (.)
1,055.65
1,147.00
52 Weeks Range (.)
918.00
1,274.70
Detailed Chart
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