Prakash Industries surged 14.41% on 19th July 2017 after its FY18 Q1 result announcement. Total number of 61 institutions has investment in Prakash Industries as on 31st March 2017. Out of 61 institutions 8 are Mutual Funds, 15 are Financial Institut...
According to Firstcall, at the current market price of Rs. 573.95, the stock P/E ratio is at 12.74 x FY18E and 11.51 x FY19E respectively. Price to Book Value of the stock is expected to be at 2.48 x and 2.04 x for FY18E and FY19E respectively.
According to AUM Capital, with gradual improvement in replacement demand and improved prospects of the user industry like mining and construction, Balkrishna Industries is poised to grow faster than the industry.
According to Firstcall, at the current market price of Rs. 1588.45, the stock P/E ratio is at 36.53 x FY18E and 29.21 x FY19E respectively. Price to Book Value of the stock is expected to be at 7.25 x and 5.81 x for FY18E and FY19E respectively.
SMC are recommending L&T Technology Services and Apar Industries on fundamental grounds for a tenure of 8-10 months. They are also sharing with us the targets for both the scrips, which imply an upside potential of 15% and 22% respectively.