ICICI Direct is bullish on TTK Prestige has recommended buy rating on the stock with a target price of Rs 1130 in its research report dated July 29, 2022.
Net Sales are expected to increase by 56.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 557.9 crore, according to ICICI Direct.
R Systems International was locked in 20 percent upper circuit at Rs 266.80, forming a robust bullish candle on the daily charts with far higher than average volumes, after hammer kind of pattern formation in the previous session. Even the relative strength indicator (RSI) as well as Stochastic have showed uptrend, indicating sentiments are strong.
TTK Prestige announced on Monday that it would purchase a majority 51% ownership in Ultrafresh Modular Solutions, allowing the top kitchen appliance brand to enter the quickly expanding modular kitchen solutions market.
Geojit recommended accumulate rating on TTK Prestige with a target price of Rs 885 in its research report date June 21, 2022.
Companies may find it hard to pass on rise in input prices
Unless TTK Prestige is trading below Rs 815 or 50 day SMA, positional traders can retain an optimistic stance and look for a target of Rs 900-925. Fresh buying can be considered now and on dips if any between Rs 860 and Rs 845 levels with a stop-loss below Rs 815.
Net Sales are expected to increase by 10.9 percent Y-o-Y (down 14.5 percent Q-o-Q) to Rs. 615.1 crore, according to ICICI Direct.
Geojit is bullish on TTK Prestige recommended buy rating on the stock with a target price of Rs 975 in its research report dated March 02, 2022.
TTK Prestige noted that further investments would be made in Ultrafresh in due course "to increase its stake up to 51 percent", as and when the funds would be required by the company.
ICICI Direct is bullish on TTK Prestige has recommended buy rating on the stock with a target price of Rs 1270 in its research report dated February 03, 2021.
Net Sales are expected to increase by 13.3 percent Y-o-Y (down 4.8 percent Q-o-Q) to Rs. 770 crore, according to ICICI Direct.
ICICI Direct is bullish on TTK Prestige recommended buy rating on the stock with a target price of Rs 1420 in its research report dated December 14, 2021.
The company board has approved sub-division/split of equity shares of the company from face value of Rs 10 each into Re 1 each
Mazhar Mohammad, of Chartviewindia.in, suggests options for investors either holding or aiming for some of the key market movers of Tuesday.
The board will also consider the un-audited financial results for the quarter and half year ended September 30, 2021 in the said meeting.