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    Buy Uflex, target price Rs 387: Yes Securities

    Synopsis

    Uflex Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 2654.49 Crore) operating in Packaging sector.

    ThinkStock Photos
    Post a few days of consolidation, the stock has regained momentum on the upside. Positive follow-up action could mean resumption of uptrend.

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    PEER COMPANIES

    Explore Now
    Yes Securities has buy call on Ltd. with a target price of Rs 387. Uflex Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 2654.49 Crore) operating in Packaging sector.

    Financials
    For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2111.09 Crore, down 5.52 % from last quarter Total Income of Rs 2234.46 Crore and up 17.20 % from last year same quarter Total Income of Rs 1801.33 Crore. Company reported net profit after tax of Rs 160.19 Crore in latest quarter.

    Investment Rationale
    Post a few days of consolidation, the stock has regained momentum on the upside. Positive follow-up action could mean resumption of uptrend.
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