Birla Corporation Share Price Target Highlighting the reason for the optimism on these actions of the Birla group; A research report by HDFC Securities states: “Birla Corporation has released an overview of its results for the second quarter of 2022.
Thug Vardhan Lodha, President of Birla Corporation, said: “In light of the massive financial disruption experienced earlier this year, FY 20-21 has not been a disappointing one. in terms of profitability. Despite price stability and rising production costs, Birla Corps’ revenue, EBITDA and PAT rose 3.6%, 12% and 82% year-on-year due to more efficient use of production capacity and various cost-cutting measures.
Birla Corporation Share Price Target
Birla Corporation has a current production capacity of 15.6 tons and is expected to grow to almost 20 million tons per year by the end of the current financial year when its new 3.9 million tons per year plant in Mukutban, near Nagpur. According to Emkay Global, Birlas’ profitability or EBITDA per tonne has almost tripled to Rs 988 per tonne (Fiscal Year 21) over the past five years. Over the past 3 years, earnings per share have grown by an average of 42% per year, but the company’s share price has grown by only 12% per year, which means that earnings growth has lagged far behind.
After a 27% increase in the share price over the past few weeks to 11,327, the shares trade at a forward P/E of 17x. Shares are up 208% in one year and 65% since the beginning of this year. Shares hit a new all-time high of 5,955 with volume rising.
The week ending December 31, 2021 saw the start of the price consolidation that had taken place over the previous 6 weeks. The breakout of the price is accompanied by a jump in volumes, which confirms the reversal of the bullish trend. A break higher will lift the stock to Rs 1,690 in the coming weeks.
If the price of Birla Corporation is trading below 1514.22, the chances of hitting down targets are better. If the price of Birla Corporation is trading above 1410.88, the upside targets are more likely to be met. When the price of Birla Corporation Ltd. achieve its goal, according to analysts, it will take a year.
Birla Corporation Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
The brokerage company has set a target price for Birla Corp. shares. at the level of 1825 rupees. In his research note dated January 25, 2021, Anand Rati, bull for Birla Corporation, recommended a buy recommendation for the company with a target price of Rs 1,039. The share of Birla Corporation increased by almost 10% and hit a 52-week high in rupees. 1226.60 on BSE during today’s intraday trading session.
We have adjusted our estimate for fiscal year 21 to take into account the continued momentum in order taking and rising commodity prices. We cut our FY22/23 earnings estimate by 18%/4% to account for higher borrowing costs and remain BUY with a revised target price of INR 845 (2.7x ABVPS, Sep 23).
We maintain our BUY recommendation with a target price of Rs 1,371 (8.5x 22 December consolidated EBITDA). We maintain our buy forecast and raise our target to Rs 1,039 per share (previously Rs 900). Axis Direct We maintain our Buy recommendation on the stock and value the company at EV/EBITDA of 9x23FY to achieve a target price of Rs 1,760 per share.
We reiterate our BUY with an increase in target price to INR 126 on (1) good order book (~FY4x21 revenue) and (2) satisfactory balance sheet. Given the steady influx of orders and good execution, we increase our EPS estimate.
Compared to 11,426, the current price target is 9 analysts on average. Compared to 11,630, the current price target is 10 analysts on average. Prices should be revised upward due to increased demand.
According to Emkay, Global Sagar Cement is likely to post industry-leading volume growth (approximately 20% CAGR during FY21-24) due to a low base, cyclical volume expansion and capacity expansion. With a total cement production capacity of 5.7 meters, Star Cement has a 23% market share in the fast growing Northeast Region (NER).
The company reported an after-tax net profit of Rs 85.55 crore in the latest quarter. As of September 30, 2021, the promoters owned 62.9% of the company’s capital, while FII owned 3.68% and DII 15.35%. As of September 30, 2021, Getty Images promoters owned 62.9% of the company’s equity, FII 3.68%, DII 15.35%.
Birla Group mainly manufactures cement (main business). It is also present in the jute sector and derives about 5% of its revenue from this segment. Motilal Oswal Financial Services maintains its Buy recommendation on Birla Corporation (BCORP) with a target price of Rs 1,696.
Birla Corp Stock Price Prediction for Long Term Investing – Using Graham’s Intrinsic Value Here is a long term Birla Corp stock price prediction using Graham’s intrinsic value. Birla Corp or Stock Price Forecast – Using the Camarilla Equation Check out Birla Corp stock price prediction for intraday, tomorrow and short term using the Camarilla Equation.
Daily and Tomorrow Birla Corp Stock Price Prediction Using MACD Take a look at Birla Corp stock price prediction using MACD indicator, find out if you should buy, sell or hold these stocks to trade.
The SMA indicator is used to get Birla Corp stock price predictions for short-term trading. The analyst determines what the stock price might be in 12 months, which depends on the company’s valuation.
All stocks are listed in order of percentage change in highest price and range from 99 (highest) to 1 (lowest). The above shares have been selected from Emkay Global’s brokerage relationship.
According to Graham’s internal equation, you should invest in stocks if the stock’s current price is undervalued. In a detailed report, the brokerage firm advised investors to purchase these multipurpose shares for a medium to long term target of Rs 1,634 per share.
It assigned an EV/EBITDA multiple of 8x for FY23 and hit a target price of Rs 1,480 per share with 42% upside potential. Our target price assumes an annual forward EV/E of 8.5x (10% above the three-year average).
Higher coal and petroleum coke prices may limit revenue growth in the short term, and we expect 3% CAGR in EBITDA compared to FY21-23 (on a solid basis in FY2019-21 as CAGR the EBITDA growth rate for this period was 20%). Our equity analyst Ai suggests that the future will come and stocks can be good for making money.
We strongly recommend that you use these signals for informational purposes only and seek the advice of a certified professional for any trading decisions. If you like it, please share. The investment advice provided comes solely from the personal perspective of the research team.
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Update on January 28, 2022 @ 8:55 am