Vakrangee Ltd
VAKRANGEE

342.15

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Day's Vol.(shares)

340.85

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Reco. Price
Rs 336.00
We recommend REDUCE on the stock as the company’s performance highly depends on the success of Government financial inclusion programme. Further increasing focus on Vakrangee Kendra (VK) will impact the EBITDA margin. The stock is trading at a PE of 39x in FY17E. (Target Price-Rs.313)
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50 DMA (.)
323.93
100 DMA (.)
304.89
200 DMA (.)
263.43
Weekly Range (.)
340.50
350.00
Monthly Range (.)
326.00
354.70
52 Weeks Range (.)
162.00
354.70
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