West Coast Paper Turbines Stocks: Purchase West Coast Paper Turbines, Goal Worth Rs 735: Axis Securities

Axis Securities positioned a purchase order for West Coast Paper Turbines with a goal value of Rs 735. The present marketplace value is Rs 651. .., included in 1955, is a small cap corporate (having a marketplace capitalization of Rs 4293.18 crores). operates within the Paper sector.

Key Product/Income Segments West Coast Paper Turbines Ltd. comprises paper and paper forums, cables, scrap, traded items, export incentives and wind energy for the 12 months ended 31 March 2022.


For the quarter ended September 30, 2022, the corporate reported a consolidated overall source of revenue of Rs 1226.99 crore, up 9.03% from the former quarter of Rs 1125.41 crore and up 34.54% than in the similar quarter ultimate 12 months, when the entire source of revenue used to be 911.98 crores. The corporate reported an after-tax web benefit of Rs 246.12 crore in the newest quarter.

Rationale for funding
Multi-week resistance at 625 with massive quantity conserving above 20, 50, 100 and 200 SMA.4630.

Promoter / FII Holdings
As of September 30, 2022, the promoters owned 56.52% of the corporate’s stocks, FII – 2.35%, DII – 7.44%.

(Disclaimer: The suggestions on this segment, or any stories hooked up to it, are ready through a 3rd birthday celebration. Reviews expressed are the ones of the respective authors/organizations. They don’t constitute the perspectives of the Financial Occasions (ET). ET does no longer ensure, warrants for, endorses any of its contents and hereby disclaims all warranties, categorical or implied, when it comes to the similar. Please seek the advice of your monetary marketing consultant and search unbiased recommendation.

Leave a Reply

Your email address will not be published. Required fields are marked *