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Buy Gujarat Ambuja Exports, target price Rs 174: Anand Rathi.


Date: 29-08-2024
Subject: Buy Gujarat Ambuja Exports, target price Rs 174: Anand Rathi
Anand Rathi has buy call on Gujarat Ambuja Exports with a target price of Rs 174. The current market price of Gujarat Ambuja Exports Ltd. is Rs 149.1.

Gujarat Ambuja Exports Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 6824.56 Crore) operating in Agro Processing sector.

Gujarat Ambuja Exports Ltd. key Products/Revenue Segments include Other Agro Products, Yarn, Other Operating Revenue, Power Generation for the year ending 31-Mar-2024.


Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 1119.27 Crore, down -19.12 % from last quarter Total Income of Rs 1383.78 Crore and down -5.91 % from last year same quarter Total Income of Rs 1189.53 Crore. Company reported net profit after tax of Rs 76.71 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 63.84 per cent stake in the company as of 30-Jun-2024, while FIIs owned 4.24 per cent, DIIs 1.38 per cent.

 Source Name : Economic Times

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