Timken India Ltd
TIMKEN

611.80

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Day's Vol.(shares)

611.60

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Accumulate
Reco. Price
Rs 616.50
We recommend an ACCUMULATE on the stock on the back of increased government spending in core sectors. We expect focus on export to drive top-line. Stock is currently trading at P/E of 39x on FY17E earnings. (Target Price – Rs.674.3)
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50 DMA (.)
616.17
100 DMA (.)
592.05
200 DMA (.)
573.96
Weekly Range (.)
605.00
634.00
Monthly Range (.)
600.05
677.00
52 Weeks Range (.)
397.05
677.00
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