Trading Idea: Grasim
CMP: 4216
Sell either below 4280-4300 or on rise around 4380*-4500-4580;
TGT: 4175-4045*-3965-3865-3760*-3630-3515-3320 (1-3/6M)
TSL> 4625
Note: Consecutive closing (3 days) above 4625 for any reason, Grasim may further rally up to 4790-5015-5245* & 5570-5980
For Grasim: (Consolidated Basis)
Q4F16 TTM EPS: 249.84 (FY16/Actual)
Projected FWD EPS: 295.85-350.95-410.50 (FY:17-19/Estimated)
Average PE: 15
As par BG metrics and current market parameters:
Present median valuation may be around: 3820 (FY:16/TTM)
Projected fair valuation might be around: 4280-4530-4900 (FY:17-19/FWD)
| GRASIM | EPS(TTM) | BV(Act) | P/E(AVG) | Low | High | Median | 200-DEMA | 10-DEMA |
| Q4FY16/TTM | 249.84 | 2472.74 | 15 | 3711.15 | 3927.24 | 3819.20 | 3675.05 | 4115.5 |
| FY17/FWD | 295.85 | 600.5 | 15 | 4038.43 | 4273.59 | 4156.01 | 3675.05 | 4115.5 |
| FY18/FWD | 350.95 | 630.5 | 15 | 4398.45 | 4654.57 | 4526.51 | 3675.05 | 4115.5 |
| FY19/FWD | 410.5 | 661.75 | 15 | 4757.01 | 5034.00 | 4895.51 | 3675.05 | 4115.5 |
Analytical Charts:
No comments:
Post a Comment