Buy Cello World, target price Rs 1,000: Motilal Oswal Financial Services
buy call on Cello World Ltd. with a target price of Rs 1,000. The current market price of Cello World Ltd. is Rs 827.2. Cello World Ltd., incorporated in the year 2018, is a Small Cap company with a market cap of Rs 18311.37 crore operating in the glass sector.
Cello World's key products/revenue segments include Domestic Appliances, Export Incentives and Scrap for the year ending 31-Mar-2024.
Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 503.36 crore, down -.65 % from last quarter Total Income of Rs 506.66 crore and up .74 % from last year same quarter Total Income of Rs 499.65 crore. The company has reported net profit after tax of Rs 86.79 crore in latest quarter.
The company's top management includes Mr.Pradeep Ghisulal Rathod, Mr.Pankaj Ghisulal Rathod, Mr.Gaurav Pradeep Rathod, Mr.Gagandeep Singh Chhina, Mr.Piyush Sohanraj Chhajed, Mr.Pushap Raj Singhvi, Mr.Arun Kumar Singhal, Ms.Sunipa Ghosh, Ms.Manali Nitin Kshirsagar. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-09-2024, the company has a total of 22 Crore shares outstanding.
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