ICICI Direct recommended hold rating on Linc Pen and Plastics with a target price of Rs 330 in its research report dated July 05, 2018.
The research firm expects sales to grow at a compound annual growth rate of 5.3 percent over FY17-19E with corresponding PAT CAGR of 11.1 percent CAGR over FY17-19E and values the company at Rs 245 which is 17x P/E on FY19E, EPS of Rs 14.3.
ICICI Direct recommended hold rating on Linc Pen and Plastics with a target price of Rs 245 in its research report dated September 14, 2017.
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Fourth quarter growth was aided by lower crude prices in January and February, says Deepak Jalan, Managing Director of the company.
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Linc Pen and Plastics has reported a sales total income from operations of Rs 72.21 crore and a net profit of Rs 3.27 crore for the quarter ended Dec '15
Mayuresh Joshi of Angel Broking is of the view that one may look at Linc Pen and Plastics.
Angel Broking is bullish on Linc Pen & Plastics and has recommended accumulate rating on the stock with a target of Rs 185 in its November 17, 2015 research report.
Linc Pen and Plastics has reported a sales total income from operations of Rs 87.71 crore and a net profit of Rs 5.01 crore for the quarter ended Sep '15
In an interview to CNBC-TV18, Deepak Jalan, managing director, Linc Pen and Plastics, shares his views on the company's performance and the impact crude price fall will have over it.
Linc Pen and Plastics has reported a sales total income from operations of Rs 92.60 crore and a net profit of Rs 3.82 crore for the quarter ended Mar '15
Among the large Sensex and Nifty companies, the three non-compliant firms till late evening were ONGC, PNB and BPCL -- all of them public sector entities, as per the status update report submitted by exchanges to Sebi. It could not be ascertained whether these companies made compliance with Sebi norms later in the night.
While most of the new women directors are family members of the promoters or top executives, some companies have replaced their independent directors with their female family members, mainly wives, daughters or sisters.
Linc Pen and Plastics has reported a sales total income from operations of Rs 69.05 crore and a net profit of Rs 3.14 crore for the quarter ended Dec '14
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