Buy Sudarshan Chemical Industries, target price Rs 973: LKP Securities
Sudarshan Chemical Industries with a target price of Rs 973. The current market price of Sudarshan Chemical Industries Ltd. is Rs 840.35.
Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 5751.40 Crore) operating in Chemicals sector.
Sudarshan Chemical Industries Ltd. key Products/Revenue Segments include Inorganic Pigments, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2022.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 767.23 Crore, up 34.60 % from last quarter Total Income of Rs 570.02 Crore and up 10.76 % from last year same quarter Total Income of Rs 692.72 Crore. Company reported net profit after tax of Rs 58.03 Crore in latest quarter.
Promoter/FII Holdings Promoters held 33.22 per cent stake in the company as of 31-Mar-2024, while FIIs owned 4.5 per cent, DIIs 17.47 per cent.
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