Suprajit Engineering Ltd
SUPRAJIT

209.60

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

206.50

Open ()
Turnover (lac)
Prev. Close ()
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Buy
Reco. Price
Rs 205.50
We recommend BUY on the stock on account of expected buoyant demand from automotive sector and its focus on exports. Also, recent acquisition of Wescon Cables will help it tap US OEM market. The stock is currently trading at P/E of 17.9x on FY18E earnings. (Target Price – Rs.241)
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50 DMA (.)
196.39
100 DMA (.)
199.11
200 DMA (.)
191.70
Weekly Range (.)
199.00
218.00
Monthly Range (.)
182.10
218.00
52 Weeks Range (.)
127.20
238.00
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