Mayur Uniquoters Ltd. News and Updates

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

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

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Mayur Uniquoters Ltd.

02 Nov 2020

445.30

-4.21%

Mayur Uniquoters shares up nearly 6% as board mulls share buyback

Moneycontrol

The share price added 64 percent in the last 6 months.

Mayur Uniquoters Ltd. has lost -24.96% in the last 3 Months

Mayur Uniquoters Ltd.

26 Aug 2020

445.30

-4.21%

Buy Mayur Uniquoters; target of Rs 350: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Mayur Uniquoters recommended buy rating on the stock with a target price of Rs 350 in its research report dated August 25, 2020.

Mayur Uniquoters Ltd. is trading below all available SMAs

Mayur Uniquoters Ltd.

25 Aug 2020

445.30

-4.21%

Mayur Uniquoters

Buy: Mayur Uniquoters Ltd.

ICICI Securities Limited

Auto segment forms ~55% of revenues while footwear forms ~30%, with others contributing rest. MUL counts several major automotive OEMs both in India (MSIL, M&M;, TML, MG Motor, Honda), globally (VW, Ford, Chrysler) as its clients while also serving retail brands like Bata, Relaxo, Paragon, among others. Share of footwear in overall revenues is on the decline amid higher growth in auto, other segments. This bodes well for MUL as footwear ASPs are lower than those in automotive with blended ASPs at ~| 200-220/metre. Recently, receipts of approval from Mercedes...

Mayur Uniquoters Ltd. has lost -27.40% in the last 6 Months

Mayur Uniquoters Ltd.

18 Aug 2020

445.30

-4.21%

Mayur Uniquoters - Company Update - Self-reliant before it was a catchphrase

Hold: Mayur Uniquoters Ltd.

Recommendation Target

Monarch Networth Capital Limited

Valuation and risks: Mayur is currently trading at a 9% discount to its 5-yr average 1-yr forward P/E. We continue to value Mayur at 15x FY22E EPS to arrive at our TP of Rs270 and change our rating from BUY to HOLD. We have slightly revised our earnings estimate. Risks to our call include slower-than-expected...

Mayur Uniquoters Ltd. has lost -27.40% in the last 6 Months

Mayur Uniquoters Ltd.

18 Aug 2020

445.30

-4.21%

Mayur Uniquoter

Buy: Mayur Uniquoters Ltd.

Anand Rathi

plant and exports are behind (reasons for a de-rating over the last two years), at ~10x FY22e P/E, we believe in good scope for a re-rating given improving prospects. Its net-cash status and FCF generation ability even in the downturn are other positives. While the near-term outlook is challenging, we are positive...

Mayur Uniquoters Ltd. has lost -27.40% in the last 6 Months

Mayur Uniquoters Ltd.

17 Aug 2020

445.30

-4.21%

First Light | Mayur Uniquoters, Wholesale Inflation, Trade, Bharat Petroleum Corp, Hero MotoCorp

Accumulate: Mayur Uniquoters Ltd.

Recommendation Target

BOB Capital Markets Ltd.

MUNI: Tepid quarter, upside limited; downgrade to ADD. Wholesale Inflation: WPI contracts, food inflation soars. Trade: Imports catching up, non-oil exports improve. BPCL: GRMs outperform but marketing to aid earnings growth. HMCL: Optimism priced in maintain REDUCE

Mayur Uniquoters Ltd. is trading at high day volume of 228.9K.

Mayur Uniquoters Ltd.

15 Aug 2020

445.30

-4.21%

Mayur Uniquoter

Buy: Mayur Uniquoters Ltd.

Target

East India Securities Ltd

Auto industry is looking forward for a better Diwali. On the back of improvement in rural Mayur had started reporting strong margins in normal business situation and strong demand, the outlook for Q4FY20 and Q1FY21 is good. margins will come back with sales going back to normal levels....

Mayur Uniquoters Ltd. has an average target of 803.00 from 1 broker.

Mayur Uniquoters Ltd.

03 Jul 2020

445.30

-4.21%

Buy Mayur Uniquoters; target of Rs 283: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Mayur Uniquoters has recommended buy rating on the stock with a target price of Rs 283 in its research report dated June 30, 2020.

Mayur Uniquoters Ltd. has an average target of 803.00 from 1 broker.

Mayur Uniquoters Ltd.

02 Jul 2020

445.30

-4.21%

Buy Mayur Uniquoters; target of Rs 305: East India Securities

Moneycontrol

East India Securities is bullish on Mayur Uniquoters has recommended buy rating on the stock with a target price of Rs 305 in its research report dated June 30, 2020.

Mayur Uniquoters Ltd. has lost -27.40% in the last 6 Months

Mayur Uniquoters Ltd.

01 Jul 2020

445.30

-4.21%

Mayur Uniquoters - Company Update - Export led growth and margin expansion

Buy: Mayur Uniquoters Ltd.

Target

Monarch Networth Capital Limited

Valuation and risks: Mayur is currently trading at an 18%/78% discount to its 1yr forward P/E and EV/EBITDA multiple. We value Mayur at 15x FY22E EPS to arrive at our TP of Rs269 and maintain a BUY. Post COVID-19, we have revised our earnings estimate and trimmed our TP from an earlier value of Rs317. Risks to our call include slower-than-expected recovery in automobile production due to...