Syngene International Ltd
SYNGENE

578.00

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575.95

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Accumulate
Reco. Price
Rs 525.95

Last updated on 21-Nov-2016

We recommend ACCUMULATE on the stock on account of growth in discovery services and new client additions in FY17E. Also expansion plans of the company at Mangalore will drive its future growth. The stock trades at a P/E of 36.9x FY17E. (Target Price: Rs.548.65)
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50 DMA (.)
532.54
100 DMA (.)
485.89
200 DMA (.)
436.38
Weekly Range (.)
560.00
616.30
Monthly Range (.)
496.00
616.30
52 Weeks Range (.)
349.00
616.30
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