Agencies Securities has buy call on Apcotex Industries with a target price of Rs 681.5. The current market price of is Rs 574.1. Time period given by analyst is six months when . price can reach defined target.
Apcotex Industries Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 2972.27 Crore) operating in Rubber sector.
Apcotex Industries Ltd. key Products/Revenue Segments include Synthetic Rubber Lattices, Export Incentives, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Standalone Total Income of Rs 308.21 Crore, up 10.46 % from last quarter Total Income of Rs 279.02 Crore and up 64.28 % from last year same quarter Total Income of Rs 187.61 Crore. Company reported net profit after tax of Rs 33.56 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 58.2 per cent stake in the company as of 30-Jun-2022, while FIIs owned 1.0 per cent, DIIs 0.17 per cent.
Apcotex Industries Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 2972.27 Crore) operating in Rubber sector.
Apcotex Industries Ltd. key Products/Revenue Segments include Synthetic Rubber Lattices, Export Incentives, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Standalone Total Income of Rs 308.21 Crore, up 10.46 % from last quarter Total Income of Rs 279.02 Crore and up 64.28 % from last year same quarter Total Income of Rs 187.61 Crore. Company reported net profit after tax of Rs 33.56 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 58.2 per cent stake in the company as of 30-Jun-2022, while FIIs owned 1.0 per cent, DIIs 0.17 per cent.
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