Subros Ltd. News and Updates

Name: Latest research reports of Subros Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Subros Ltd.
Rating: 3
Author: IDBI Capital

Keep track of all breaking news on Subros Ltd. from all sources in a single place.

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Subros Ltd.

25 Oct 2021

915.25

-1.52%

Earnings Call for Q2FY22 of Subros

Conference Call with Subros Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.

audio

Subros Ltd.

13 Aug 2021

915.25

-1.52%

Buy Subros; target of Rs 371: Khambatta Securities

Moneycontrol

Khambatta Securities is bullish on Subros has recommended buy rating on the stock with a target price of Rs 371 in its research report dated August 12, 2021.

Subros Ltd. has gained 34.02% in the last 1 Year

Subros Ltd.

15 Jul 2021, 01:44PM

915.25

-1.52%

Buy Subros; target of Rs 385: Khambatta Securities

Moneycontrol

Khambatta Securities is bullish on Subros has recommended buy rating on the stock with a target price of Rs 385 in its research report dated July 12, 2021.

Subros Ltd. has gained 57.69% in the last 3 Months

Subros Ltd.

13 Jul 2021

915.25

-1.52%

Subros (337.6): Buy

Business Line

Investors with a short-term perspective can buy the stock of Subros at current levels. Key support in the band between 290 and 300 halted the stock'

Subros Ltd. has gained 34.02% in the last 1 Year

Subros Ltd.

02 Jul 2021

915.25

-1.52%

Subros: Q4FY21 Result Review

Hold: Subros Ltd.

Recommendation Target

IDBI Capital

Subros Limited (Subros) Q4FY21 result was above our estimates at revenue and EBITDA level. EBITDA margin for the quarter stood at 9.7% vs our estimates of 10% mainly on account of higher RM cost and other expenses. We believe pent up demand and preference for personal mobility has helped PV industry to register decent volumes in Q4FY21. For Subros, we build PV revenue growth of 20%/15% for FY22E/FY23E respectively on account of lower base. We expect Govt. Infra push would help CV segment to recover in coming quarters. We expect Subros revenue/earnings to grow at ~17%/46% CAGR over FY21-FY23E with EBITDA margin of ~10% in FY23. We have arrived FY23E...

Subros Ltd. has an average target of 799.00 from 1 broker.

Subros Ltd.

01 Jul 2021

915.25

-1.52%

Subros: Banking on plenty of growth drivers

Moneycontrol

Demand is expected to remain buoyant for CVs, which should aid Subros' performance

Subros Ltd. has gained 46.30% in the last 6 Months

Subros Ltd.

29 Jun 2021

915.25

-1.52%

IRFC, Subros share price rise 3-7% on improved Q4 numbers

Moneycontrol

Subros board has recommended a dividend of Rs 0.70 per equity share of Rs 2 each for the year ended March 31, 2021.

Subros Ltd. has gained 57.69% in the last 3 Months

Subros Ltd.

25 Feb 2021

915.25

-1.52%

Ideas For Profit | Does a V-shaped recovery in PVs and attractive valuation make Subros a good investment bet?

Moneycontrol

Subros, a leading manufacturer of thermal products for automotive applications in India, posted a strong performance in the quarter ended December 2020.A sharp recovery in the demand for passenger vehicles (PV) and commercial vehicle (CV) coupled with localization efforts to improve profitability provides enough reasons to be upbeat about the prospects of the company.