Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,910.1553.35
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Greaves Cotton, target price Rs 150: Kunal Bothra

Kunal Bothra recommended to keep stoploss at Rs 132.

ETMarkets.com|
Updated: Nov 15, 2019, 11.37 AM IST
0Comments
Getty Images
Buy
Greaves Cotton Ltd., incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 3407.91 Crore) operating in Engineering sector.
Kunal Bothra of Independent Analyst has buy call on Greaves Cotton Ltd. with a target price of Rs 150.0 . The current market price of Greaves Cotton Ltd. is Rs 139.95 Kunal Bothra recommended to keep stoploss at Rs 132
Greaves Cotton Ltd., incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 3407.91 Crore) operating in Engineering sector.

Greaves Cotton Ltd. key Products/Revenue Segments include Engines which contributed Rs 1827.44 Crore to Sales Value (99.33 % of Total Sales), Service Income which contributed Rs 9.46 Crore to Sales Value (0.51 % of Total Sales), Export Incentives which contributed Rs 2.44 Crore to Sales Value (0.13 % of Total Sales), Other Operating Revenue which contributed Rs .36 Crore to Sales Value (0.01 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 492.09 Crore, down -9.05 % from last quarter Sales of Rs 541.08 Crore and up 7.41 % from last year same quarter Sales of Rs 458.16 Crore Company has reported net profit after tax of Rs 34.50 Crore in latest quarter. The company’s top management includes Mr.Arvind Kumar Singhal, Mr.Karan Thapar, Mr.Kewal Handa, Mr.Nagesh Basavanhalli, Mr.Navneet Singh, Mr.Vijay Rai, Mr.Vikram Tandon, Mr.Vinay Sanghi, Ms.Sree Patel. Company has Deloitte Haskins & Sells LLP as its auditoRs As on 30-09-2019, the company has a total of 244,206,795 shares outstanding.

Also Read

Buy Lupin, target Rs 782: Kunal Bothra

Buy Lupin, target Rs 805: Kunal Bothra

Buy ITC, target Rs 260: Kunal Bothra

Buy BHEL, target Rs 62: Kunal Bothra

Bet on Bank Nifty if it corrects further: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service