The Economic Times
English Edition
| E-Paper
Search
+

    Buy Star Paper Mills, target price Rs 180: Yes Securities

    Synopsis

    Star Paper Mills Ltd., incorporated in the year 1936, is a Small Cap company (having a market cap of Rs 263.23 Crore) operating in Paper sector.

    ThinkStock Photos
    Company reported net profit after tax of Rs 7.82 Crore in latest quarter.
    Yes Securities has buy call on Mills with a target price of Rs 180. The current market price of Star Paper Mills Ltd. is Rs 168.7. Time period given by analyst is Intra Day when Star Paper Mills price can reach defined target.
    Star Paper Mills Ltd., incorporated in the year 1936, is a Small Cap company (having a market cap of Rs 263.23 Crore) operating in Paper sector.

    Financials
    For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 87.62 Crore, up 28.51 % from last quarter Total Income of Rs 68.18 Crore and down -3.40 % from last year same quarter Total Income of Rs 90.71 Crore. Company reported net profit after tax of Rs 7.82 Crore in latest quarter.

    Did you Know?

    Stock score of Star Paper Mills Ltd moved up by 1 in a month on a 10-point scale.

    View Latest Stock Report »
    Investment Rationale
    With sustained movement above the 50-day average, the recent congestion phase seems to be in a mature phase. Sustenance above Rs 165 could resume the prevailing uptrend.
    (Disclaimer: 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.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Star Paper Mills Ltd.. Explore Now
    The Economic Times

    Stories you might be interested in