Hikal Ltd. News and Updates

Name: Latest research reports of Hikal Ltd. authored by BP Wealth and published by - Trendlyne research reports.
Item: Hikal Ltd.
Rating: 3
Author: BP Wealth

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

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Hikal Ltd.

21 Feb 2022

397.95

-6.51%

BP Equities Hikal Ltd Q3FY22 Result Update

Hold: Hikal Ltd.

Target

BP Wealth

Hikal posted revenue of INR 5,145mn with 11.1% YoY growth which was 8.7% above our estimate of INR 4733mn driven by the strong growth in the crop protection segment. On segmental performance: The crop protection segment grew by 27% (YoY) to INR 2464mn on the back of Increased sales volume of CDMO products and favourable price increases for certain products. Pharmaceutical segment revenue remained flat at INR 2,682mn on account of slower offtake by several customers due to the higher price of products led by rising input costs. Management expects raw material challenges to continue in the next few months and is working with their suppliers and customers to mitigate the price fluctuations. Higher operational cost combined with flat revenues resulted in a...

Hikal Ltd. has gained 37.87% in the last 1 Year

Hikal Ltd.

21 Feb 2022

397.95

-6.51%

Hikal Ltd

Buy: Hikal Ltd.

Target

ICICI Securities Limited

Maintain BUY on account of 1) consistency in offtake for crop protection CDMO, 2) expected recovery in Pharma, 3) Visibility capex. That said we continue to monitor developments on recent critical issues- 1) Surat (Gujrat) GIDC incident and 2) MPCB notice for Taloja....

Hikal Ltd. is trading at high volume of 611.1K with price loss of -6.51.

Hikal Ltd.

17 Feb 2022

397.95

-6.51%

Hikal: More than financials, green integrity is crucial

Moneycontrol

We are entering increasing interest rate scenario. Liquidity is drying which simply means institutional fund flows would be much more selective and sensitive to quality aspect

Hikal Ltd. is trading above all available SMAs

Hikal Ltd.

15 Feb 2022

397.95

-6.51%

Hikal Consolidated December 2021 Net Sales at Rs 514.53 crore, up 11.06% Y-o-Y

Moneycontrol

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Hikal Ltd. is trading above all available SMAs

Hikal Ltd.

14 Feb 2022

397.95

-6.51%

to see Rapid results content

Hikal Ltd.

14 Jan 2022

397.95

-6.51%

Hikal: Closing recommendation due to environmental compliance red flag

Moneycontrol

Environmental compliance, particularly for chemicals and pharma industry, is sacrosanct. Taking that into account, we close our Outperform rating for Hikal and would prefer to stay on the sidelines

Hikal Ltd. has an average target of 420.00 from 1 broker.

Hikal Ltd.

29 Oct 2021

397.95

-6.51%

BP Equities Hikal Ltd Q2FY22 Result Update

Hold: Hikal Ltd.

Recommendation Target

BP Wealth

...

Hikal Ltd. is trading above all available SMAs

Hikal Ltd.

28 Oct 2021

397.95

-6.51%

to see Rapid results content

Hikal Ltd.

28 Oct 2021

397.95

-6.51%

Hikal: 'China plus' opportunity adds to conviction for capex

Moneycontrol

For FY21 and FY22, Hikal is spending close to Rs 600 crore in capacity enhancement, where the major part of the benefit will accrue in FY24

Hikal Ltd. has gained 37.87% in the last 1 Year

Hikal Ltd.

28 Oct 2021

397.95

-6.51%

Hikal Ltd

Buy: Hikal Ltd.

Target

ICICI Securities Limited

Margin improvement on back of several cost rationalisation & efficiency improvement measures undertaken during the pandemic The crop protection segment maintaining growth due to sustained product...