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Buy DOMS Industries, target price Rs 2670: Motilal Oswal

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July 8, 2024
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Buy DOMS Industries, target price Rs 2670:  Motilal Oswal
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Motilal Oswal has buy call on DOMS Industries with a target price of Rs 2670. The current market price of DOMS Industries is Rs 2345.35.

DOMS Industries Ltd., incorporated in the year 2006, is a Small Cap company (having a market cap of Rs 13988.41 Crore) operating in Paper sector.

DOMS Industries Ltd. key Products/Revenue Segments include Stationery, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2023. Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 409.41 Crore, up 9.57 % from last quarter Total Income of Rs 373.65 Crore and up 21.25 % from last year same quarter Total Income of Rs 337.65 Crore. Company reported net profit after tax of Rs 46.87 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.96 per cent stake in the company as of 31-Mar-2024, while FIIs owned 5.86 per cent, DIIs 16.63 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Tags: BuyDOMSDOMS IndustriesDOMS Industries LtdDOMS Industries stocksIndustriesmarket newsMarketsMotilalOswalpricestockstarget
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