Arvind:320-330 May Be A Good Hurdle

Trading Idea: Arvind

CMP: 311

Either sell below 310-320 or on rise around 330-348

TGT: 300*-288-278-258-245*-235 (1-3/6M)

TSL> 325 OR > 352

Note: Consecutive closing (3 days) above 352 for any reason, Arvind may further rally up to 366*-377-388-405* & 425-435* in the near to long term (alternative bullish case scenario from the present trading level).

For Arvind (Consolidated):

Q4FY16 TTM EPS: 14.04 (FY:16/Actual)

Projected FWD EPS: 16.65-19.75-23.25 (FY:17-19/Estimated)

Average PE: 18

Q4FY16 BVPS: 109.12

Average P/B: 2.5

Intrinsic Fair Value: 273 (FY:16/TTM)

As par BG metrics & current market volatility:

Present median value: 276 (FY:16/TTM)

Projected fair value: 300-330-355 (FY:17-19/FWD)

 

ARVIND	EPS	BV	P/E	Low	High	Median	200-DEMA	10-DEMA
Q4FY16/TTM	14.04	109.12	18	270.32	280.81	275.57	289.14	312.03
FY17/FWD	16.65	119.05	18	294.37	305.80	300.09	289.14	312.03
FY18/FWD	19.75	129.75	18	320.61	333.06	326.83	289.14	312.03
FY19/FWD	23.25	141.55	18	347.86	361.36	354.61	289.14	312.03

Analytical Charts: