Kunal Bothra, Head - Advisory at LKP recommends a buy rating on Century Ply with a target price of Rs 182 and a strict stop loss placed at Rs 168. Century Ply is a low beta stock (0.62) and is trading well above its 50-day, 100-day and 200-day moving average of Rs 174, Rs 165 and Rs 168, respectively, as per data collated by ETMarkets.com. The stock is trading with a P/E of 22.96 and P/B of 9.93. The stock has gained 0.12 per cent so far in the calendar year 2016. The stock is looking bullish on the charts.

Source: Economic Times June 13, 2016 09:21 UTC