Sundram Fasteners Ltd
SUNDRMFAST

400.85

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

400.70

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Turnover (lac)
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Accumulate
Reco. Price
Rs 402.00
We recommend ACCUMULATE on the stock considering demand traction in auto industry. Sale of loss making subsidiaries is expected to improve bottom-line. On standalone basis, stock is currently trading at P/E of 30x on FY17E EPS.(Target Price– Rs.439)
Detailed View
50 DMA (.)
372.24
100 DMA (.)
337.44
200 DMA (.)
304.21
Weekly Range (.)
379.45
406.00
Monthly Range (.)
376.05
411.50
52 Weeks Range (.)
156.80
411.50
Detailed Chart
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