Anand Rathi is bullish on Supreme Industries has recommended buy rating on the stock with a target price of Rs 2546 in its research report dated May 04, 2022.

Comment

Number of MF schemes increased from 73 to 84 in Mar 2022 qtr.

Supreme Industries Ltd.

05 May 2022

1720.00

-1.61%

Company Update

SUPREME INDUSTRIES LTD. - 509930 - Announcement under Regulation 30 (LODR)-Newspaper Publication

BSE India

Newspaper publication of the Audited Financial Results of the Company for the Quarter and year ended 31st March, 2022.

Comment

Supreme Industries Ltd.

03 May 2022

1720.00

-1.61%

Buy Supreme Industries: target of Rs 2500: Sharekhan

Moneycontrol

Sharekhan is bullish on Supreme Industries has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated April 29, 2022.

Comment

Number of MF schemes increased from 73 to 84 in Mar 2022 qtr.

Buy Supreme Industries; target of Rs 2320: ICICI Direct

Moneycontrol | 03 May 2022 1 more

Supreme Industries Ltd.

02 May 2022

1720.00

-1.61%

Company Update

SUPREME INDUSTRIES LTD. - 509930 - Audio Recording Link Of The Conference Call Held For Analysts …

BSE India

Audio Recording Link of the Conference Call held for Analysts and Investors pertaining to Audited Standalone & Consolidated financial results for the Quarter and Financial Year ended 31st March, 2022.

Comment

Supreme Industries Ltd.

02 May 2022

1720.00

-1.61%

Supreme Industries: Q4FY22 Result Review

Buy: Supreme Industries Ltd.

Recommendation Target

IDBI Capital

Comment

Supreme Industries Ltd. is trading at high day volume of 189.2K.

Supreme Industries Ltd.

01 May 2022

1720.00

-1.61%

EARNINGS UPDATE- SUPREME IND LTD 4QFY22

Buy: Supreme Industries Ltd.

Target

Chola Wealth Direct

Comment

Supreme Industries L.. has an average target of 2420.38 from 8 brokers.

Supreme Industries Ltd.

30 Apr 2022

1720.00

-1.61%

HSIE Results Daily: Wipro, Maruti Suzuki, Mphasis, Shriram Transport Finance Company, Supreme Industries, IndiaMART InterMESH, Sonata Software

Buy: Supreme Industries Ltd.

Target

HDFC Securities

Supreme Industries: We maintain BUY on Supreme Industries (SIL), keeping the TP unchanged at INR 2,770/share (SOTP-based). In Q4FY22, SIL's consolidated revenue rose +23% YoY to INR 25.6bn on strong piping demand rebound. However, gross margin contraction pulled down EBITDA/APAT by 23/28% YoY to INR 3.91/3.24bn respectively. As demand has picked up since March-22 and even resin prices have started to cool off April onwards, the management remains confident of strong volume growth in FY23. The company is also expanding its capacity amid a healthy demand outlook. IndiaMART InterMESH: IndiaMART posted in-line revenue growth of +7.1% QoQ but margins took a severe hit (down 1,347 bps QoQ to 28.4%) due to investments in sales capacity (+42.6% YoY). The paid supplier addition of ~13k (highest ever) was higher than our estimate of 8K and the additions were primarily in the monthly bucket. The portfolio churn has reduced across all buckets, indicating a sustained momentum. Management has indicated paid supplier addition of ~8-9k/quarter, supported by investments in sales, technology, and channel partners. Margin decline was primarily on account of a sharp increase in employee and outsource sales cost, with the prime objective to boost growth. We maintain our positive stance, based on (1) higher growth visibility, led by 31% YoY increase in cash collections; (2) uptick in customer addition and investment in growth engine; (3) economic recovery leading to improving health of MSME; (4) completion of busy acquisition with huge cross-sell opportunity; and (5) tender buyback offer of INR 1bn (~0.5% of equity). We increase revenue estimate by...

Comment

Number of MF schemes increased from 73 to 84 in Mar 2022 qtr.