Vardhman Textiles Ltd
VTL

1,313.90

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

1,310.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Buy
Reco. Price
Rs 1311.00
We recommend BUY on the stock on account of favourable product mix and capacity expansion. Consequently, we expect margins to improve by 150bps in FY17E. The stock is currently trading at FY17E P/E of 6.9x. (Target Price – Rs 1,504)
Detailed View
50 DMA (.)
1,325.76
100 DMA (.)
1,235.82
200 DMA (.)
1,141.06
Weekly Range (.)
1,283.00
1,334.70
Monthly Range (.)
1,250.80
1,391.20
52 Weeks Range (.)
828.00
1,404.00
Detailed Chart
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