Consumer Durables News

V-Guard Industries share price: Add V-Guard Industries, target price Rs 275: HDFC Securities


Securities has add call on V-Guard Industries with a target price of Rs 275. The current market price of is Rs 217.7. Time period given by analyst is one year when . price can reach defined target.

V-Guard Industries Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 9386.04 Crore) operating in Consumer Durables sector.

V-Guard Industries Ltd. key Products/Revenue Segments include Electricals, Electronics & Mechanical Components, Consumer Durables, Scrap, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 1061.85 Crore, up 9.46 % from last quarter Total Income of Rs 970.07 Crore and up 23.60 % from last year same quarter Total Income of Rs 859.13 Crore. Company reported net profit after tax of Rs 89.58 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 55.88 per cent stake in the company as of 31-Mar-2022, while FIIs owned 12.67 per cent, DIIs 17.32 per cent.

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