TVS Srichakra Ltd
TVSSRICHAK

3,750.05

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3,750.00

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Accumulate
Reco. Price
Rs 3292.00
We recommend ACCUMULATE on the stock on account of strong domestic sales of 2/3 wheelers and capacity expansion. This should drive revenues by 11% CAGR over FY16-19E. We see limited upside at FY17E P/E of 13.1x. (Target Price– Rs.3591)
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50 DMA (.)
3,188.85
100 DMA (.)
3,284.15
200 DMA (.)
3,032.43
Weekly Range (.)
3,250.00
3,945.00
Monthly Range (.)
2,925.15
3,945.00
52 Weeks Range (.)
2,241.00
4,248.00
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