COMPANY NAME- AEIGIS LOGISTICS

RECOMMENDATION- BUY
PRICE TARGET- 400
CURRENT PRICE- 320

COMPANY BASIC INFORMATION

ISIN Id – ISIN: INE208C01017
BSE Id – 500003
NSE Id – AEGISCHEM
INDUSTRY – Transport
Market Cap – 551.96
Book Value – 92.39
EPS (TTM) – 18.43
Price/Book – 3.18
Face Value – 10.00
P/E – 14.49
Div(%) – 25.00%
Industry P/E – 51.68
P/C – 11.68
Div Yield (%) – 0.85

STOCK PRICE HISTORY (NSE)

All Time High – 403.00
All Time Low – 4.15
52 Week High – 324.00
52 Week Low – 77.05

Daily Chart:

Weekly Chart:

Recommendation-

The stock is looking an attractive pick for a medium to long term investment point of view. It has been trading in an uptrend channel from May 2009 till April 2010, however it gave a breakout on the upside recently. The stock is moving in a trending mode as reflected by the ADX line. A look at the weekly chart reveals a breakout from a long Kilroy Bottom with tremendously high volumes. After making a recent year high it is retracing and consolidating around current levels. We expect the stock to continue in the uptrend after taking a breather and therefore recommend a Buy on the stock around 260-290 levels with stop loss below 200 for target of 400 in 12-15 month’s time frame.