Buy Himadri Speciality Chemical, target price Rs 687: Bajaj Broking
Bajaj Broking has a buy call on Himadri Speciality Chemical with a target price of Rs 687. The current market price of Himadri Speciality Chemical is Rs 561.1. Himadri Speciality Chemical, incorporated in 1987, is a Mid Cap company with a market cap of Rs 27832.34 crore, operating in Chemicals sector.
Himadri Speciality Chemical's key products/revenue segments include Carbon Materials, Power 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 1150.49 crore, down -5.16% from last quarter Total Income of Rs 1213.05 crore and up 13.42% from last year same quarter Total Income of Rs 1014.34 crore. The company has reported net profit after tax of Rs 135.70 crore in the latest quarter.
The company's top management includes Mr.Anurag Choudhary, Mr.Shyam Sundar Choudhary, Ms.Rita Bhattacharya, Mr.Santimoy Dey, Mr.Girish Paman Vanvari, Mr.Gopal Ajay Malpani. Company has B S R & Co. LLP as its auditors. As on 30-09-2024, the company has a total of 49 crore shares outstanding.
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