Stocks

Anupam Rasayan stocks: Buy Anupam Rasayan India, target price Rs 1180: JM Financial

JM Financial has buy call on with a target price of Rs 1180. The current market price of Anupam Rasayan India is Rs 768.2.

Time period given by analyst is one year when Anupam Rasayan India Ltd. price can reach defined target.

Anupam Rasayan India Ltd., incorporated in the year 2003, is a Small Cap company (having a market cap of Rs 7712.64 Crore) operating in General sector.

Anupam Rasayan India Ltd. key Products/Revenue Segments include Chemicals (Others), Job Work and Other Operating Revenue for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 383.15 Crore, up 28.94 % from last quarter Total Income of Rs 297.15 Crore and up 50.16 % from last year same quarter Total Income of Rs 255.16 Crore. Company has reported net profit after tax of Rs 47.81 Crore in latest quarter.

The company’s top management includes Dr.Kiran C Patel, Ms.Mona A Desai, Mr.Anand S Desai, Mr.Milan R Thakkar, Mr.Hetul Krishnakant Mehta, Dr.Namrata Dharmendra Jariwala, Mr.Vijay Kumar Batra, Mr.Vinesh Prabhakar Sadekar. Company has Rajendra & Co. as its auditors. As on 30-06-2022, the company has a total of 10 Crore shares outstanding.

Promoter/FII Holdings
Promoters held 65.17 per cent stake in the company as of 30-Jun-2022, while FIIs owned 5.33 per cent, DIIs 4.04 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.


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