VRL Logistics Ltd
VRLLOG

298.55

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

298.30

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Accumulate
Reco. Price
Rs 298.00
We recommend an ACCUMULATE on account of expected volume growth due economic recovery and implementation of GST. Further, operational efficiency with reduced dependency on biodiesel is expected to boost bottom-line growth. Stock is currently trading at FY18E P/E of 24x. (Target Price- Rs.322)
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50 DMA (.)
295.33
100 DMA (.)
282.20
200 DMA (.)
295.34
Weekly Range (.)
293.55
305.80
Monthly Range (.)
288.00
309.25
52 Weeks Range (.)
225.00
429.90
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