Z F Steering Gear (India) Ltd
ZFSTEERING

1,195.00

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Reco. Price
Rs 1193.00
We recommend ACCUMULATE on the stock as we expect revenue to grow by 14% in FY17E. This is due to increased capacity, new manufacturing unit, demand in auto industry and tie-up with large OEMs. Stock is trading at 2017E P/E of 48.8x (Target Price Rs- 1,308)
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50 DMA (.)
1,245.73
100 DMA (.)
1,344.39
200 DMA (.)
1,431.47
Weekly Range (.)
1,185.55
1,230.00
Monthly Range (.)
1,152.75
1,299.00
52 Weeks Range (.)
1,089.50
1,815.00
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