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Buy Venus Pipes & Tubes, target price Rs 1700: Anand Rathi
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Venus Pipes & Tubes Ltd., incorporated in the year 2015, is a Small Cap company (having a market cap of Rs 2773.97 Crore) operating in General sector.
Venus Pipes & Tubes Ltd.
key Products/Revenue Segments include Pipes & Tubes for the year ending 31-Mar-2022.
Financials For the quarter ended 30-09-2023, the company reported a Standalone Total Income of Rs 191.84 Crore, up 6.48 % from last quarter Total Income of Rs 180.17 Crore and up 50.61 % from last year same quarter Total Income of Rs 127.37 Crore.
Company reported net profit after tax of Rs 20.26 Crore in latest quarter.
Promoter/FII Holdings Promoters held 48.63 per cent stake in the company as of 30-Sep-2023, while FIIs owned 6.6 per cent, DIIs 7.25 per cent.
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