iStockAnand Rathi has buy call on Birla Corporation with a target price of Rs 1144. The current market price of . is Rs 978.6.
Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7545.75 Crore) operating in Cement sector.
Ltd. key Products/Revenue Segments include Cement, Jute Goods, Royalty Income, Other Operating Revenue, Export Incentives and Others for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2218.06 Crore, down -4.95 % from last quarter Total Income of Rs 2333.54 Crore and up 26.14 % from last year same quarter Total Income of Rs 1758.41 Crore. Company reported net profit after tax of Rs 61.92 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 62.9 per cent stake in the company as of 30-Sep-2022, while FIIs owned 4.34 per cent, DIIs 15.68 per cent.
Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7545.75 Crore) operating in Cement sector.
Ltd. key Products/Revenue Segments include Cement, Jute Goods, Royalty Income, Other Operating Revenue, Export Incentives and Others for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2218.06 Crore, down -4.95 % from last quarter Total Income of Rs 2333.54 Crore and up 26.14 % from last year same quarter Total Income of Rs 1758.41 Crore. Company reported net profit after tax of Rs 61.92 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 62.9 per cent stake in the company as of 30-Sep-2022, while FIIs owned 4.34 per cent, DIIs 15.68 per cent.
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