Buy Navneet Education, target price Rs 182: Prabhudas Lilladher


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Prabhudas Lilladher has buy call on Navneet Education with a target price of Rs 182. The current market price of Navneet Education Ltd. is Rs 150.1.

Navneet Education Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 3422.61 Crore) operating in Paper sector.

Navneet Education Ltd. key Products/Revenue Segments include Paper Stationery & Books, Waste/Scrap, Export Incentives, Sale of services, Other Operating Revenue and Power Generation for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 261.84 Crore, down -2.30 % from last quarter Total Income of Rs 268.00 Crore and down -1.99 % from last year same quarter Total Income of Rs 267.17 Crore. Company reported net profit after tax of Rs -16.74 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 63.31 per cent stake in the company as of 31-Mar-2024, while FIIs owned 3.67 per cent, DIIs 12.45 per cent.

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Forrás: eredeti cikk

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