Sundaram Clayton Ltd
SUNCLAYLTD

4,452.00

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

4,520.00

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 4251.00
We recommend ACCUMULATE on the stock as we expect revenue to grow by 9% in FY17E. This is due to favourable industry automobile cycle and healthy growth in automobile industry. On standalone basis, we see limited upside at P/E of 65x on FY17E EPS. (Target Price– Rs. 4569)
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50 DMA (.)
3,610.67
100 DMA (.)
3,301.76
200 DMA (.)
2,955.13
Weekly Range (.)
4,140.00
4,516.00
Monthly Range (.)
3,400.50
4,516.00
52 Weeks Range (.)
1,884.10
4,516.00
Detailed Chart
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