1 year ago

Borosil Stock: Monarch Networth Reiterates Buy Rating, Upside Likely

Borosil Stock: Monarch Networth Reiterates Buy Rating, Upside Likely
Borosil stock is a 'Buy', 22% upside likely, says Monarch Networth; check target price · businesstoday.in

Imagine a company called Borosil that makes things like glass and kitchen gadgets.

A financial company called Monarch Networth thinks Borosil is doing well and will make more money.

They suggest buying the company's stock, hoping it will increase in value.

They like that Borosil is keeping costs low and expanding with new products and factories.

Borosil's glass business grew a lot, and the company is optimistic about future sales, especially during holidays.

This financial company believes Borosil is a good investment.

Key facts

Target Price
Rs 420
Current Stock Price (reference)
Rs 343.15 (as of Friday closing)
Glassware Revenue Growth
43% year-over-year
Non-Glassware Revenue Growth
15.4% year-over-year
EBITDA Growth
11.8% year-over-year
Profit After Tax (PAT) Surge
87% year-over-year
New Facility Investment
Rs 40 crore
New Facility Projected Revenue
Rs 120 crore (annual)

Sources

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