Manas Jaiswal of manasjaiswal.com has a sell call on
Kaveri Seed Company Ltd. with a target price of Rs 380. The current market price of Kaveri Seed Company Ltd. is Rs 404.35. Time period given by the analyst is Intra Day when Kaveri Seed Company Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 410. Kaveri Seed Company Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 2552.63 Crore) operating in Agriculture/Horticulture/Lives sector.
Kaveri Seed Company Ltd. key Products/Revenue Segments include Seeds which contributed Rs 772.40 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 67.18 Crore, down -10.65 % from last quarter Sales of Rs 75.19 Crore and down -4.89 % from last year same quarter Sales of Rs 70.64 Crore Company has reported net profit after tax of Rs 3.65 Crore in latest quarter. The company’s top management includes Dr.Bhaskar Venkataramany, Dr.G Pawan, Dr.S M Ilyas, Dr.S Raghuvardhan Reddy, Mr.C Mithun Chand, Mr.C Vamsheedhar, Mr.G V Bhaskar Rao, Mr.K Purushotham, Mrs.G Vanaja Devi, Mrs.Musinipally Chaya Ratan. Company has M Bhaskara Rao & Co. as its auditoRs As on 31-12-2018, the company has a total of 63,129,133 shares outstanding.