Buy NOCIL, target price Rs 255: ICICI Direct

Buy NOCIL, target price Rs 255: ICICI Direct
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Synopsis

NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 3532.16 Crore) operating in Chemicals sector.

Company reported net profit after tax of Rs 22.31 Crore in latest quarter.

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ICICI Direct has buy call on with a target price of Rs 255. The current market price of NOCIL is Rs 211.7.

NOCIL Ltd., incorporated in the year 1961, is a Small Cap company (having a market cap of Rs 3532.16 Crore) operating in Chemicals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 276.26 Crore, up 24.10 % from last quarter Total Income of Rs 222.61 Crore and up 41.17 % from last year same quarter Total Income of Rs 195.70 Crore. Company reported net profit after tax of Rs 22.31 Crore in latest quarter.

(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)

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