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.

Finance

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%.

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