ASTRAMICRO has posted Q4 FY2017-18 results
with Sales +96% QoQ & PAT +80.34%. Promotors are increasing their stake in
the past. Interest cost has also declined by -9.38% QoQ.
Valuations : ASTRAMICRO is now trading at 2.1X of its EPV ( March 2018 earnings ), above its 10yrs long term average of 1.9X.
We
may BUY / Accumulate ASTRAMICRO at CMP
Target
: ₹ 153
Stop:
Loss : ₹87
Time
Frame: 12 Months