Buy Kirloskar Ferrous Industries, target price Rs 418: ICICI Direct

Buy Kirloskar Ferrous Industries, target price Rs 418: ICICI Direct
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Synopsis

Kirloskar Ferrous Industries Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 5064.09 Crore) operating in Metals - Ferrous sector.

BuyiStock
Promoters held 58.95 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.78 per cent, DIIs 8.78 per cent.
ICICI Direct has buy call on Kirloskar Ferrous Industries with a target price of Rs 418. The current market price of is Rs 365.25.

., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 5064.09 Crore) operating in Metals - Ferrous sector.

Kirloskar Ferrous Industries Ltd. key Products/Revenue Segments include Pig iron, Castings, By Products, Scrap for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 1777.53 Crore, up 17.97 % from last quarter Total Income of Rs 1506.75 Crore and unchanged .00 % from last year same quarter Total Income of Rs Crore. Company has reported net profit after tax of Rs 110.99 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 58.95 per cent stake in the company as of 30-Jun-2022, while FIIs owned 0.78 per cent, DIIs 8.78 per cent.
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