Demand slowdown and input-cost inflation are eating into profit margins
While the near-term demand environment remains ambiguous due to the ongoing macro challenges, margins are likely to recover in H2FY23 on the back of a decline in commodity prices
Anand Rathi is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 850 in its research report dated November 16, 2021.
Visaka’s recent results indicate that the company has made solid progress on market positioning and cost-control initiatives
Anand Rathi is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 572 in its research report dated February 03, 2021.
Visaka has delivered stupendous returns from March on the back of a resilient business performance in H1 and an euphoric stock market rally
ICICI Securities is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 455 in its research report dated July 21, 2020.
ICICI Securities is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 250 in its research report dated May 29, 2020.
The performance of business has benefitted from the stabilisation in industrial demand post the introduction of Goods and Services Tax last year.
Anand Rathi is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 640 in its research report dated November 12, 2018.
Centrum is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 950 in its research report dated September 26, 2018.
The company is setting up a new board plant with a capacity by 50,000 tons. The same is expected to come on-stream by Q2 FY19. The management expects the new plant to touch full capacity utilisation by FY20.
Centrum is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 300 in its research report dated February 14, 2017.
Centrum is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 260 in its research report dated October 27, 2016.
Angel Broking is bullish on Visaka Industries and has recommended buy rating on the stock with a target of Rs 166 in its February 12, 2015 research report.
Angel Broking is bullish on Visaka Industries (VIL) and has recommended buy rating on the stock with a target of Rs 174 in its November 18, 2014 research report.
Sunidhi Securities is bullish on Visaka Industries (VIL) and has recommended buy rating on the stock with a target price of Rs 165 in its December 19, 2012 research report.