VST Industries Ltd. News and Updates

Name: Latest research reports of VST Industries Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: VST Industries Ltd.
Rating: 5
Author: ICICI Securities Limited

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

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VST Industries Ltd.

04 Aug 2020

285.40

0.97%

VST Industries

Buy: VST Industries Ltd.

Target

ICICI Securities Limited

VST Industries reported resilient sales despite manufacturing, supply chain as well as retails selling points remaining closed for~40 days. Gross sales declined merely 4.4% but net of excise, sales were down 19.4%. Cigarette sales de-grew 4% to | 274.7 crore while tobacco sales fell 7% to | 40 crore. Cigarette volumes were down 39% (similar to ITC's decline of ~40%). The company took a blended price hike of 11% after the excise increase in Budget in February 2020. The new price points for Edition', Total' are | 11, | 7, respectively. More, importantly it curtailed trade promotions & schemes...

VST Industries Ltd. is trading below its 100 day SMA of 302.2

VST Industries Ltd.

15 Jul 2020

285.40

0.97%

VST Industries Q1 PAT may dip 67.3% YoY to Rs. 24.7 cr: ICICI DIrect

Moneycontrol

Net Sales are expected to decrease by 50 percent Y-o-Y (down 47.8 percent Q-o-Q) to Rs. 152.3 crore, according to ICICI Direct.

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

25 May 2020

285.40

0.97%

Buy VST Industries; target of Rs 4000: ICICI Direct

Moneycontrol

ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated May 22, 2020.

VST Industries Ltd. is trading below its 100 day SMA of 302.2

VST Industries Ltd.

22 May 2020

285.40

0.97%

VST Industries

Buy: VST Industries Ltd.

ICICI Securities Limited

Double whammy of excise, lockdown to impact FY21 PAT Though the March quarter was largely unaffected by lockdown given prestocking by dealers, we believe Q1FY21 would be significantly impacted by 45 days production halt as well as shutdown of most retail shops in the country. We expect loss of sales during this period, which is likely to result in volume decline by 8% in FY21. Moreover, price increase due to the hike in excise duty in February 2020 would also lead to realisation growth to the tune of ~22% (including the mix change due to higher contribution from high priced cigarettes). This would help in more than absorbing the excise...

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

05 May 2020

285.40

0.97%

Buy VST Industries; target of Rs 4000: ICICI Direct

Moneycontrol

ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated April 16, 2020.

VST Industries Ltd. is trading above its 50 day SMA of 276.8

VST Industries Ltd.

16 Apr 2020

285.40

0.97%

VST Industries

Buy: VST Industries Ltd.

Target

ICICI Securities Limited

With a wide presence at the lower price points and strong distribution of 1 million retail outlets, VST's brand has been especially popular in West Bengal, Bihar, Uttar Pradesh, Andhra Pradesh and Telangana contributing ~60% of volumes. The company's fundamentals are driven by a strong capital structure, steady cash flow and consistent dividend payment. VST has a robust margin profile with its operating margin at 32.2% for FY19. With robust volume growth in 9MFY20 change in product mix towards high priced cigarettes, we maintain our BUY rating on the stock. We value the...

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

23 Jan 2020

285.40

0.97%

Buy VST Industries; target of Rs 5200: ICICI Direct

Moneycontrol

ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 5200 in its research report dated January 22, 2019.

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

23 Jan 2020

285.40

0.97%

VST Industries

Buy: VST Industries Ltd.

Target

ICICI Securities Limited

Stable tax environment helps robust volume growth The company witnessed volume growth of ~10% in 9MFY20 on account of a stable tax environment over the last two years post implementation of GST structure. In the last two years, VST has changed its product mix in favour of | 5-6 price point, which now accounts for 55% of the portfolio. Moreover, Edition brand at | 10/stick accounts for 5% of volumes. Also, the company has been gaining market share from the industry leader as reflected in its volume growth, which is over & above industry average volume growth of...

Number of FII/FPI investors decreased from 97 to 87 in Mar 2025 qtr

VST Industries Ltd.

14 Nov 2019

285.40

0.97%

Radhakishan Damani buys stake in VST Industries, shares surge to 52-week high

livemint

Shares of VST Industries today surged as much as 8% to a new 52-week high of 4,602 today

VST Industries Ltd. is trading below its 100 day SMA of 302.2

VST Industries hits new peak after Radhakishan Damani buys shares

Business Standard | 14 Nov 2019

VST Industries Ltd.

05 Nov 2019

285.40

0.97%

VST Industries

Buy: VST Industries Ltd.

Target

ICICI Securities Limited

Dealer stocking in previous quarter leads to sales moderation The company witnessed 20% YoY volume growth in Q1FY20 on account of dealer stocking of a week of additional inventories before the Budget in anticipation of introduction of excise duty. As a result, volume growth moderated during the quarter with correction in inventory at the dealer level. In the last two years, the company has changed its product mix in favour of | 5-6 price point, which now accounts for 60% of the portfolio. Moreover, Edition' brand at | 10 /stick accounts for 5% of volumes. We maintain our...

VST Industries Ltd. is trading above its 50 day SMA of 276.8

Is VST Industries Ltd. worth buying?

550 Votes:

Buy 75.27%

Sell 10.36%

Hold 14.36%

41.29% Fall from 52W High

VST Industries Ltd. News and Updates

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